Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

busi 2013 Questio A division of the Winston Furniture Company thinks of making a new set of three products A near Trogrammg Formulation (15 Points)

busi 2013
image text in transcribed
Questio A division of the Winston Furniture Company thinks of making a new set of three products "A" near Trogrammg Formulation (15 Points) "B" and "C" 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) Department 1 Department 2 Department 3 according to the Product A 0.35 hour 0.5 hour 0.45 hour following table: Product B 0.25 hour 0.55 hour 0.15 hour Product 0.5 hour 0.4 hour 0.25 hour Total availability 80 hours 100 hours 75 hours Each unit of products A, B and C contribute $65, 882 and 893 to profit respectively. To produce product A, there is a fixed cost of $1200 setting up the production line which is $1040 for product B and $975 fro product C. Formulate the problem (Introduce variables, objective function and constraints properly, but do not attempt to solve) 12 minutes on slide

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Audit Quality Developing A Quality Assurance And Improvement Program

Authors: Sally-Anne Pitt

1st Edition

1118715519, 978-1118715512

More Books

Students also viewed these Accounting questions