Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(c) Suppose that 10, 6, and 8 hours of overtime may be scheduled in departments A, B, and C, respectively. The cost per hour

image

(c) Suppose that 10, 6, and 8 hours of overtime may be scheduled in departments A, B, and C, respectively. The cost per hour of overtime is $18 in department A, $22.50 in department B, and $12 in department C. Formulate a linear programming model that can be used to determine the optimal production quantities if overtime is made available. What are the optimal production quantities, and what is the revised total contribution to profit? If required, round your answer to two decimal places. Production Product 1 Product 2 If required, round your answer to nearest whole number. Total Profit $ How much overtime do you recommend using in each department? If required, round your answer to two decimal places. If you answer is zero, enter "0". OT hours: Dept. Used A B C What is the increase in the total contribution to profit if overtime is used? If required, round your answer to nearest whole number. Questions Navigation Menu

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

Step: 3

blur-text-image

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

Quantitative Methods For Business

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

11th Edition

978-0324651812, 324651813, 978-0324651751

More Books

Students also viewed these General Management questions

Question

What is the standard deviation for Exercise 2?

Answered: 1 week ago