A laboratory that performs the industrial opeIndustrial Processes Television Mobile TimeManufacturingAssemblyPackagingProfit10621081036At most 2000At most 1600At most 200Required: Find the maximum value for profits andthe number of materials produced from televisionsand mobiles, using graphical method.

Linear programming is a mathematical technique that is also used in operations management…

Answered: Required: Find the maximum value for…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section: Chapter Questions

Problem 79P

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LINGO SOFTWARE Consider a production-mix problem where we are concerned with what mix of four products we should produce during the upcoming week. For each product, each unit produced requires a known amount of production time on each of the three machines. Each machine has a certain number of hours of production time available per week. Each product provides a certain profit per unit produced. Figure 3S1.2 shows three types of data: machine-related data, product-related data, and data related to combinations of a machine and product. The objective is to determine how much to produce for each product so that total profit is maximized while not exceeding the limited production capacity of each machine. Requirement: Solve this problem in LINGO software.

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Required: Find the maximum value for profits and the number of materials produced from televisions and mobiles, using graphical method.