Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Martha Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The labor-hour requirements, by department, are as

1) Martha Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The labor-hour requirements, by department, are as follows:

Department

Product 1

Product 2

Product 3

A

1.3

1.9

1.30

B

1.0

0.75

2.20

C

1.25

0.5

2.0

During the next production period, the labor-hours available are 330 in department A, 350 in department B, and 200 in department C. The profit contributions per unit are $32 for product1, $28 for product 2, and $35 for product 3.

a) Formulate a linear programming model for maximizing total profit contribution. (4 marks)

b) Solve the linear program formulated in part (a) using excel. How much of each product should be produced, and what is the projected total profit contribution? (5 marks)

Note that you must submit your excel document as a separate document (no pictures or pdfs are allowed) in order to get cr

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Global Taxation How Modern Taxes Conquered The World

Authors: Philipp Genschel, Laura Seelkopf

1st Edition

0192897578, 978-0192897572

Students also viewed these Accounting questions