=2.11. The WorldLight Company produces two light fixtures (products 1 and 2) that require both metal frame
Question:
=2.11. The WorldLight Company produces two light fixtures
(products 1 and 2) that require both metal frame parts and electrical components. Management wants to determine how many units of each product to produce so as to maximize profit. For each unit of product 1, one unit of frame parts and two units of electrical components are required. For each unit of product 2, three units of frame parts and two units of electrical components are required. The company has 200 units of frame parts and 300 units of electrical components. Each unit of product 1 gives a profit of $1, and each unit of product 2, up to 60 units, gives a profit of $2. Any excess over 60 units of product 2 brings no profit, so such an excess has been ruled out.
a. Identify verbally the decisions to be made, the constraints on these decisions, and the overall measure of performance for the decisions.
b. Convert these verbal descriptions of the constraints and the measure of performance into quantitative expressions in terms of the data and decisions.
Step by Step Answer:
Introduction To Management Science A Modeling And Case Studies Approach With Spreadsheets
ISBN: 9780078096600
4th Edition
Authors: Frederick S. Hillier And Mark S. Hillier