Manufacturing A company manufactures two different sizes of boat lifts. Each size requires some time in the welding and assembly department and some time in the parts and packaging department. The smaller lift requires 3 4 hour in welding and assembly and if hours in parts and packaging. The larger lift requires 1 2 3 hours in welding and assembly and 1 hour in parts and packaging. The factory has 156 hours/day available in welding and assembly and 174 hours/day available in parts and packaging. Furthermore, daily demand for the lifts is at most 90 large and at most 100 small, and profits are $200 for each large lift and $120 for each small lift.
Manufacturing A company manufactures two different sizes of boat lifts. Each size requires some time in the welding and assembly department and some time in the parts and packaging department. The smaller lift requires 3 4 hour in welding and assembly and if hours in parts and packaging. The larger lift requires 1 2 3 hours in welding and assembly and 1 hour in parts and packaging. The factory has 156 hours/day available in welding and assembly and 174 hours/day available in parts and packaging. Furthermore, daily demand for the lifts is at most 90 large and at most 100 small, and profits are $200 for each large lift and $120 for each small lift.
Solution Summary: The author calculates the number of boats to manufacture to maximize the profit and the maximum profit if the company requires for small and large lifts.
Manufacturing A company manufactures two different sizes of boat lifts. Each size requires some time in the welding and assembly department and some time in the parts and packaging department. The smaller lift requires
3
4
hour in welding and assembly and if hours in parts and packaging. The larger lift requires
1
2
3
hours in welding and assembly and 1 hour in parts and packaging. The factory has 156 hours/day available in welding and assembly and 174 hours/day available in parts and packaging. Furthermore, daily demand for the lifts is at most 90 large and at most 100 small, and profits are $200 for each large lift and $120 for each small lift.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY