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How a management science technique can be used as a decision support system ? State your analysisand provides some examples. Amanufacturingcompanymakestwomodels A and B of
- How a management science technique can be used as adecision support system?State your analysisand provides some examples.
- Amanufacturingcompanymakestwomodels A and B of a product. Each piece of Model A requires 9 labour hours for fabricating and 1 labour hour for finishing. Each piece of Model B requires 12 labour hours for fabricatingand3labourhoursforfinishing.Forfabricatingandfinishing,themaximum labour hours available are 180 and 30 respectively. The company makes a profit of Rs8000oneachpieceofmodelAandRs12000oneachpieceofModelB.Howmany piecesofModelAandModelBshouldbemanufacturedperweektorealiseamaximum profit? What is the maximum profit perweek?
Totalprofit(inRs)=8000x+12000y
LetZ = 8000x+ 12000y
We now have the following mathematical model for the given problem.
Maximise Z = 8000x+12000y
subject to the constraints:
9x+ 12y180
x+ 3y30
x?/0,y/>0
3.Referring to Question 4, the coefficient function ofZ = 8000 x + 12000yis changed toZ= 10000 x + 12000y.State your analysis by explaining what is a sensitivity analysis and the effect of its coefficient changing
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