Question: A firm that assembles computers and computer equipment is about to start production of two new types of microcomputers. Each type will require assembly time,

A firm that assembles computers and computer

A firm that assembles computers and computer equipment is about to start production of two new types of microcomputers. Each type will require assembly time, inspection time, and storage space. The amounts of each of these resources that can be devoted to the production of the microcomputers is limited. The manager of the firm would like to determine the quantity of each microcomputer to produce in order to maximize the profit generated by sales of these microcomputers. In order to develop a suitable model of the problem, the manager has met with design and production personnel. As a result of those meetings, the manager has obtained the following information. Type 2 Resource Amount Available Profit per unit Assembly time per unit Inspection time per unit Storage space per unit Type 1 $60 4 hours 2 hours 3 cubic feet $50 10 hours 1 hour 3 cubic feet Assembly time Inspection time Storage space 100 hours 22 hours 39 cubic feet The manager met with the firm's marketing manager and learned that demand for the microcomputers was such that whatever combination of these two types of microcomputers is produced, all of the output can be sold. Formulate the LP model for this

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!