The Midland Tool Shop has four heavy presses it uses to stamp out prefabricated metal covers and housings for electric consumer products. All four presses operate differently and are of different sizes. Currently the firm has a contract to produce three products. The contract calls for 400 units of product A, 570 units of product B, and 320 units of product C. The time (in minutes) required for each product to be produced on each machine is as follows:
Machine 1 is available for 150 hours, machine 2 for 240 hours, machine 3 for 200 hours, and machine 4 for 250 hours. The products also result in different profits, according to the machine they are produced on, because of time, waste, and operating cost. The profit per unit per machine for each product is summarized as follows:
The company wants to know how many units of each product to produce on each machine to maximize profit.
a. Formulate this problem as a linear programming model.
Product "A" having 400 units
Product"B" having 570 units
Product "C" having 320 units
Then the time required for given machines is
Time available for machine 1 is 150hours
For machine 2 is 240hours
Machine 3 is 200hours
Machine 4 is 250hours
Formulate the linear programming Model
Then the maximization function is
Then these are subjected to
Our solutions are written by experts, many with advanced degrees, and available 24/7See Solution
Q: Summarize two concerns regarding cash balance plans.
A: Cash-balance plans The cash-balance plan refers to the pension plans where the employees’ account is...
Q: Q5. Discuss the Internet marketing possibilities for the product/service in Amazon retail company? Q...
A: Since you have not clarified which specific question you want answered we are taking up the first qu...
Q: What are the steps ( it is 3 part question ) the second part is the multi factor productivity ? And...
A: Given information: Last yearNowUnits produced15001500Labour(hours)300275Resin(Pounds)6046Capatial in...
Q: While monitoring the forecast values in last 5 months, the tracking signals are consistently coming ...
A: The tracking signal is given the ratio of the cumulative forecast error to the average error and a v...
Q: There is very high level of performance ambiguity in firms pursuing a ________ strategy compared to ...
A: Performance ambiguity:Performance ambiguity would incur when the sources for the bad performance of ...
Q: Organizational Behavior (17th edition) stephen Robbin Why do only a few absolutes apply to organizat...
A: Organizational behavior:The study about the behavior of human being is said to be organizational beh...
Q: Many of a bank’s customers use its automatic teller machine to transact business after normalbanking...
A: The arrival rate is 1 per minute and a Poisson distribution is assumed. The service time is 90 secon...
Q: In Cost Accounting, in general, when can formulas be combined to form a single cost formula?
A: In Cost Accounting, single cost formula is used to derive the combined variable and fixed cost of a ...
Q: Given the following information, calculate the multifactor productivity in terms of revenue per mult...
A: Here first we have to find the multifactor productivity by using below formula we getMulitifactor pr...
Sorry about that. What wasn’t helpful?