15 Chemco produces two chemicals: A and B. These chemicals are produced via two manufacturing processes. Process

Question:

15 Chemco produces two chemicals: A and B. These chemicals are produced via two manufacturing processes.

Process 1 requires 2 hours of labor and 1 lb of raw material to produce 2 oz of A and 1 oz of B. Process 2 requires 3 hours of labor and 2 lb of raw material to produce 3 oz of A and 2 oz of B. Sixty hours of labor and 40 lb of raw material are available. Demand for A is unlimited, but only 20 oz of B can be sold. A sells for $16/oz, and B sells for

$14/oz. Any B that is unsold must be disposed of at a cost of $2/oz. Formulate an LP to maximize Chemco’s revenue less disposal costs.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: