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A Production-Mix Problem Note: Setup the Product Mix example below in excel and find the optimal solution Failsafe Electronics Corporation primarily manufactures four highly technical products, which it supplies to aerospace firms that hold NASA contracts. Each of the products must pass through the following departments before they are shipped: wiring, drilling, assembly, and inspection. The time requirements in each department (in hours) for each unit produced and its corresponding profit value are summarized in this table: The production time available in each department each month and the minimum monthly production requirement to fulfill contracts are as follows: Question Formulate this production-mix situation as an LP problem. The production manager first specifies production levels for each product for the coming month. He lets: X.1 = number of units of XJ201 produced X.2 = number of units of XM897 produced X.3 = number of units of TR29 produced X.4 = number of units of

A Production-Mix Problem Note: Setup the Product Mix example below in excel and find the optimal solution Failsafe Electronics Corporation primarily manufactures four highly technical products, which it supplies to aerospace firms that hold NASA contracts. Each of the products must pass through the following departments before they are shipped: wiring, drilling, assembly, and inspection. The time requirements in each department (in hours) for each unit produced and its corresponding profit value are summarized in this table: The production time available in each department each month and the minimum monthly production requirement to fulfill contracts are as follows: Question Formulate this production-mix situation as an LP problem. The production manager first specifies production levels for each product for the coming month. He lets: X.1 = number of units of XJ201 produced X.2 = number of units of XM897 produced X.3 = number of units of TR29 produced X.4 = number of units of

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A Production-Mix Problem Note: Setup the Product Mix example below in excel and find the optimal solution Failsafe Electronics Corporation primarily manufactures four highly technical products, which it supplies to aerospace firms that hold NASA contracts. Each of the products must pass through the following departments before they are shipped: wiring, drilling, assembly, and inspection. The time requirements in each department (in hours) for each unit produced and its corresponding profit value are summarized in this table: The production time available in each department each month and the minimum monthly production requirement to fulfill contracts are as follows: Question Formulate this production-mix situation as an LP problem. The production manager first specifies production levels for each product for the coming month. He lets: X.1 = number of units of XJ201 produced X.2 = number of units of XM897 produced X.3 = number of units of TR29 produced X.4 = number of units of BR788 produced Note: Setup the Product Mix example below in excel and find the optimal solution
8:56 M LTE all 94% i B.7: Linear Programming Applications DE- САРАCITY PRODUCT MINIMUM PART- (HOURS) PRODUC- ΜΕNT TION LEVEL Wiring 1,500 XJ201 150 Drilling 2,350 XM897 100 As- 2,600 TR29 200 sembly Inspec- 1,200 BR788 400 tion II
Transcribed Image Text:8:56 M LTE all 94% i B.7: Linear Programming Applications DE- САРАCITY PRODUCT MINIMUM PART- (HOURS) PRODUC- ΜΕNT TION LEVEL Wiring 1,500 XJ201 150 Drilling 2,350 XM897 100 As- 2,600 TR29 200 sembly Inspec- 1,200 BR788 400 tion II
8:52 O ll 94% i B.7: Linear Programming Applications DEPARTMENT PRODUCT WIR- DRILLING AS- IN- UNIT ING SEMBLY SPEC- PROF TION XJ201 .5 3 .5 $ 9 XM897 1.5 1 4 1.0 $12 TR29 1.5 .5 $15 BR788 1.0 3 2 .5 $11 II 2.
Transcribed Image Text:8:52 O ll 94% i B.7: Linear Programming Applications DEPARTMENT PRODUCT WIR- DRILLING AS- IN- UNIT ING SEMBLY SPEC- PROF TION XJ201 .5 3 .5 $ 9 XM897 1.5 1 4 1.0 $12 TR29 1.5 .5 $15 BR788 1.0 3 2 .5 $11 II 2.
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