Question
C is produced using A and B as a raw material. To produce 1 kg C, 0.6 k A and 0.4 kg B are required.
C is produced using A and B as a raw material. To produce 1 kg C, 0.6 k A and 0.4 kg B are required. The selling price of C and the cost of the A and B are given in the following table.
C $/kg | A $/kg | B $/kg |
0.25 | 0.07 | 0.06 |
The amount of the electricity to make the production is 1 kJ/kg C. The company have 4 generators to meet the electricity requirement. The cost and the daily capacities of the generators are given in the following table.
Generators | 1 | 2 | 3 | 4 |
Cost ($/day) | 70 | 50 | 120 | 140 |
Capacity kJ/day | 300 | 600 | 500 | 1600 |
If the daily amount of produced C is limited with 2000 kg. Develop and solve the MILP model to determine which generators should be used and optimum daily production of C to maximize the profit. (The model should be represented in your answer sheet and also excel file)
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