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Due to the unavailability of desired quality of raw materials, ABC Ltd. can manufacture maximum 80 units of product A & 60 units of product
Due to the unavailability of desired quality of raw materials, ABC Ltd. can manufacture maximum 80 units of product A & 60 units of product B. A consumes 5 units and B consumes 6 units of raw materials in the manufacture respectively and their respective profit margins one RO 50 & RO 80. Further, A requires 1 man-day of labour per unit & B requires 2 man-day of labour per unit. The constraints operating are: Supply of raw material - maximum 600 units Supply of labour - maximum 160 man-days. Formulate as a LP model & solve graphically.
Due to the unavailability of desired quality of raw materials, ABC Ltd. can manufacture maximum 80 units of product A & 60 units of product B. A consumes 5 units and B consumes 6 units of raw materials in the manufacture respectively and their respective profit margins one RO 50 & RO 80. Further, A requires 1 man-day of labour per unit & B requires 2 man-day of labour per unit.
The constraints operating are:
Supply of raw material - maximum 600 units Supply of labour - maximum 160 man-days. Formulate as a LP model & solve graphically.
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
