Question
manufactures three-speed, five-speed, and ten-speed bicycles. Each bicycle passes through three departments:fabrication, painting & plating, and final assembly. The relevant manufacturing data are given in
manufactures three-speed, five-speed, and ten-speed bicycles. Each bicycle passes through three departments:fabrication, painting & plating, and final assembly. The relevant manufacturing data are given in the table below. Furthermore, due to a recent rise in demandfor the three-and five-speed bicycles,the company has decided to manufacture at least 20bicyclesfrom the three-and five-speed bicycles combined.Using Excel Solver, determine how many bicycles from each type the company should manufacture per day to maximize its profit. chart beneath
Labour Hours per bicycle
Department Three Speed Five Speed ten speed Max labour hours available per day
Fabrication 2.5 4 5 200
Planting and Plating 5 3.5 5 220
Final Assembly 4 3 5.5 190
Profit Per Bicycle 75 85 110
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started