HI CAN YOU HELP ME ON MY ASSIGNMENT PLEASE, I BADLY NEED THIS PLEASE, SHOW YOUR SOLUTION. THANK YOU IN ADVANCE. ABCDEEach product contains a different amount of twobasic raw materials. Raw material 1 costs $0.50 perounce, and raw material 2 costs $1.50 per ounce.There are 75,000 ounces of raw material 1 and100,000 ounces of raw material 2 available.Requirements (oz/unit)Selling Price(S/unit)KnifeRaw Material 1Raw Material 2215.004.25.50800'19.503.5.27.006.10.a. If the objective is to maximize profit, specify theobjective function and constraints for the problem.Assume that labor costs are negligible.b. Solve the problem with a computer package, usingthe simplex method. A The Butterfield Company makes a variety of huntingknives. Each knife is processed on four machines.Following are the processing times required, machinecapacities (in hours) are 1500 for machine 1, 1400for machine 2, 1600 for machine 3, and 1500 for ma-chine 4.Processing Time (hr)KnifeMachine 1Machine 2Machine 3Machine 40.050.100.150.050.150.100.050.050.200.050.100.200.100.050.150.100.100.050.100.10ABCDE

The simplex method is a deliberate technique for testing the vertices as potential arrangements.…

A. The Butterfield Company makes a variety of hunting knives. Each knife is processed on four machines. Following are the processing times required; machine capacities (in hours) are 1500 for machine 1, 1400 for machine 2, 1600 for machine 3, and 1500 for ma- chine 4. Processing Time (hr) Knife Machine 1 Machine 2 Machine 3 Machine 4 0.05 0.10 0.15 0.05 0.15 0.10 0.05 0.05 0.05 0.10 0.20 0.20 0.15 0.05 0.10 0.10 0.10 0.10 0.10 0.05 ABCDE

A. The Butterfield Company makes a variety of hunting knives. Each knife is processed on four machines. Following are the processing times required; machine capacities (in hours) are 1500 for machine 1, 1400 for machine 2, 1600 for machine 3, and 1500 for ma- chine 4. Processing Time (hr) Knife Machine 1 Machine 2 Machine 3 Machine 4 0.05 0.10 0.15 0.05 0.15 0.10 0.05 0.05 0.05 0.10 0.20 0.20 0.15 0.05 0.10 0.10 0.10 0.10 0.10 0.05 ABCDE

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter8: Evolutionary Solver: An Alternative Optimization Procedure

Section: Chapter Questions

Problem 33P

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A firm manufactures three products A, B and C. The profits are K3, K2 and K4 respectively. The firm has two machines and the required processing time in minutes for each machine on each product is given below. Machine Product A B C X 4 3 5 Y 2 2 4 Machines X and Y have 2,000 and 1,500 machine – minutes respectively. The firm must manufacture 100 A’s, 200 B’s and 50 C’s but no more than 150 A’s Set up an L.P. model to maximize the profit. Solve the L.P. model by simplex method.
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Vollmer Manufacturing makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper and a grinder. The times (in minutes) required on each machine are as follows: Machine Component Shaper Grinder 1 7 5 2 5 5 3 5 2 The shaper is available for 125 hours, and the grinder is available for 95 hours. No more than 170 units of component 3 can be sold, but up to 1050 units of each of the other components can be sold. In fact, the company already has orders for 625 units of component 1 that must be satisfied. The profit contributions for components 1, 2, and 3 are $8, $6, and $9, respectively. If more time could be made available on the grinder, how much would it be worth? If required, round your answers to two decimal places.$ _____ per minute, since the dual value is _____ on the grinder at the optimal solution.