6- Corona Engine produces diesel trucks. New government emission standards have dictated that the average pollution...
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6- Corona Engine produces diesel trucks. New government emission standards have dictated that the average pollution emissions of all trucks produced in the next three years cannot exceed 10 grams per truck. Corona produces two types of trucks. Each type 1 truck sells for $20,000, costs $15,000 to manufacture, and emits 15 grams of pollution. Each type 2 truck sells for $17,000, costs $14,000 to manufacture, and emits 5 grams of pollution. Production capacity limits total truck production during each year to at most 320 trucks. Corona knows that the maximum number of each truck type that can be sold during each of the next three years is given as follows: Year Truck 1 Truck 2 1 100 200 2 200 100 3 300 150 Demand may be met from previous production or the current year's production. It costs $2,000 to hold one truck (of any type) in inventory for one year. Formulate an LP to help Corona maximize its profit during the next three years. 6- Corona Engine produces diesel trucks. New government emission standards have dictated that the average pollution emissions of all trucks produced in the next three years cannot exceed 10 grams per truck. Corona produces two types of trucks. Each type 1 truck sells for $20,000, costs $15,000 to manufacture, and emits 15 grams of pollution. Each type 2 truck sells for $17,000, costs $14,000 to manufacture, and emits 5 grams of pollution. Production capacity limits total truck production during each year to at most 320 trucks. Corona knows that the maximum number of each truck type that can be sold during each of the next three years is given as follows: Year Truck 1 Truck 2 1 100 200 2 200 100 3 300 150 Demand may be met from previous production or the current year's production. It costs $2,000 to hold one truck (of any type) in inventory for one year. Formulate an LP to help Corona maximize its profit during the next three years.
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Decision variables Pij Number of trucks each type i produced for each year j ... View the full answer
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
Posted Date:
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