Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

The Byte computer company produces two models of computers, Plain and Fancy. It wants to plan how many computers to produce next month to maximize

The Byte computer company produces two models of computers, Plain and Fancy. It wants to plan how many computers to produce next month to maximize profits. Producing these computers requires wiring, assembly and inspection time. Each computer produces a certain level of profits but faces a limited demand. There are a limited number of wiring, assembly and inspection hours available next month. The data for this problem is summarized in the following table.

Computer

Profit per

Maximum

demand for

Wiring Hours

Assembly

Hours

Inspection

Hours

Model

Model ($)

product

Required

Required

Required

Plain

30

80

0.4

0.5

0.2

Fancy

40

90

0.5

0.4

0.3



Hours Available

50

50

22

a. Formulate the LP model for this problem.

b. Solve the problem using the graphical method.

Step by Step Solution

3.46 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

a Decision Variables Let X number of plain computers to be produced ... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

2nd edition

9780077493677, 78025516, 77493672, 9780077826482, 978-0078025518

More Books

Students explore these related Accounting questions