Bagwell Distributors packages and distributes industrial supplies. A standard shipment can be packaged in a class A
Question:
Bagwell Distributors packages and distributes industrial supplies. A standard shipment can be packaged in a class A container, a class K container, or a class T container. A single class A container yields a profit of $8; a class K container, a profit of $6; and a class T container, a profit of $14. Each shipment prepared requires a certain amount of packing material and a certain amount of time, as seen in the following table:
Bill Bagwell, head of the firm, must decide the optimal number of each class of container to pack each week. He is bound by the previously mentioned resource restrictions, but he also decides that he must keep his six full-time packers employed all 240 hours (6 workers, 40 hours) each week. Formulate and solve this problem using the simplexmethod.
Step by Step Answer:
Quantitative Analysis For Management
ISBN: 162
11th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna