Question
A division of the Alpha Furniture Company thinks of making a new set of two products A and B to be processed in three departments
A division of the Alpha Furniture Company thinks of making a new set of two products A and B to be processed in three departments 1, 2 and 3.
Each product will require a certain amount of processing time in each department (with certain availabilities)
according to the following table:
| Product A | Product A | Availability |
Dep 1 | 0.2 | 0.4 | 15 |
Dep 2 | 0.5 | 0.1 | 20 |
Dep 3 | 0.3 | 0.3 | 18 |
Max production | 78 | 96 |
|
Each unit of products A, and "B" contribute $40and $45 to profit respectively. To produce product A, there is a fixed cost of $600 setting up the production line which is $480 for product B .
Formulate the problem (Introduce variables, objective function and constraints properly)
Include the model as a text input here. You can submit your excel document at the end of the exam.
4 marks for the model and 4 marks for the solution (excel).
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