Question
Nice Wheels manufactures road bikes and mountain bikes. Management wants to determine the number of each type of bike to produce that will maximize profit
Nice Wheels manufactures road bikes and mountain bikes. Management wants to determine the number of each type of bike to produce that will maximize profit over the next sixweek planning horizon. Constraints affecting production quantities are due to the production capacities in three departments: welding, assembly, and testing. For the sixweek planning period, 275 hours of welding time, 325 hours of assembly time, and 300 hours of testing time are available. The time required to manufacture the two types of bicycles is shown in the following table: Road bikes provide a profit of $69 per bike and mountain bikes provide a profit of $64 per bike. Formulate a linear optimization model that will maximize profit for Nice Wheels satisfying all constraints. (You do not need to find the optimal solution)
Road Bike | Mountain Bike | |
Welding | 5.5 | 8 |
Assembly | 4 | 3.5 |
Testing | 3 | 2 |
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