Part 1)

The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 240 hours of wiring time are available and up to 140 hours of drilling time may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold for a $15 profit. Formulate and solve this LP production-mix situation, and find the best combination of air conditioners and fans that yields the highest profit. Use the corner point graphical approach. Use the Excel spreadsheet to and Solver to solve for each question twice (once for each part).

Part 2)

Electrocomp's management realizes that it forgot to include two critical constraints (see Problem 7-14 above). In particular, management decides that there should be a minimum number of air conditioners produced in order to fulfill a contract. Also, due to an oversupply of fans in the preceding period, a limit should be placed on the total number of fans produced.

(a) If Electrocomp decides that at least 20 air conditioners should be produced but no more than 80 fans should be produced, what would be the optimal solution? How much slack is there for each of the four constraints?

(b) If Electrocomp decides that at least 30 air conditioners should be produced but no more than 50 fans should be produced, what would be the optimal solution? How much slack is there for each of the four constraints at the optimal solution?

Problem 7-14		Input the numbers in AC, FAN, RHS cells
		Write formulas to compute values (e.g. profit, resoure utilization) in Total cells
Solution
	AC	FAN	Total		RHS
Maximize			0
WIRING TIME			0	<=
DRILLING TIME			0	<=