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2 A machine shop makes two products. Each unit of the first product requires 3 hours on machine 1 and 2 hours on machine 2.
2 A machine shop makes two products. Each unit of the first product requires 3 hours on machine 1 and 2 hours on machine 2. Each unit of the second product requires 2 hours on machine 1 and 3 hours on machine 2. Machine 1 is available only 8 hours per day and machine 2 only 7 hours per day. The profit per unit sold is 16 for the first product and 10 for the second. The amount of each product produced per day must be an integral multiple of 0.25. The objective is to determine the mix of production quantities that will maximize profit. (a) Formulate an IP model for this problem (b) Use excel solver to apply the branch-and-bound algorithm and draw a typical branch and bound tree revealing all solution details
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