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A manufacturing company produces two types of gaming consoles, the Magic box and the Joy box consoles. The manufacturing process consists of two principal departments:
A manufacturing company produces two types of gaming consoles, the Magic box and the Joy box consoles. The manufacturing process consists of two principal departments: design and production. The design department has hours available each week, and the production department has hours available each week. On average, to produce a Magic box, the company requires labor hours for design and labor hours for production. The Joy box requires labor hours for design and labor hours in production. The company makes a net profit of $ on the Magic box, and $ on the Joy box. The management of the company wants to determine how many of each console type should be produced on a weekly basis to maximize net profit.
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Which of the following is a decision variable in the given problem?
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the labor hours required to produce the two types of consoles
total profit that the company wants to maximize
Joy box gaming consoles produced per week
the number of workers the firm has
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If the numbers of Magic box and Joy box gaming consoles produced each week are denoted as X and X respectively, what is the objective function?
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Max XX
Min XX
Max XX
Min XX
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If the numbers of Magic box and Joy box gaming consoles produced each week are denoted as X and X respectively, the function that describes the design department's labor constraint for a week is
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XX
XX
XX
XX
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If the number of Magic box and Joy box gaming consoles manufactured by the company in a week are and respectively, the number hours used in the design department is
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If the number of Magic box and Joy box gaming consoles manufactured by the company in a week are and units respectively, determine the total profit generated by the company in a week.
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$
$
$
$
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Using Solver, what is the optimum number of Magic box consoles to be manufactured each week?
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Using Solver, what is the optimum number of Joy box consoles to be manufactured each week?
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Using Solver, what is the maximum profit that the company can have using the current resources?
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$
The company can produce infinite number of consoles and have infinite profit
$
$
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