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An automobile company is considering manufacturing three types of cars ( compact , midsize, and large ) and two types of minivans ( midsize and
An automobile company is considering manufacturing three types of cars compact midsize, and large and two types of minivans midsize and large The resources required and the profit contributions yielded by each type of vehicle are shown in Exhibit At present, tons of steel and hours of labor are available. If any vehicles of a given type are produced, production of that type of vehicle is economically feasible only if at least a minimal number of that type are produced. These minimal numbers are also listed in Exhibit
Develop an Integer Programming model to obtain an optimal production schedule. What will be the optimal solution if the steel availability changes to tons?
Vehicle Type
Steel tonsunit
Labour hoursunit
Compact
Car
Exhibit
MidSize
Car
Large Car
MidSize
Minivan
Large
Minivan
Minimum Production if any
Profit Contribution per unit
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