Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help solve this problem with linear programming. I would like the excel spreadsheet with formulasto see how it can be done. Thank you! Novacook

Please help solve this problem with linear programming. I would like the excel spreadsheet with formulasto see how it can be done. Thank you!

Novacook Ltd makes two types of cooker, one electric and one gas. There are four stages in production of each of these, with the following features:

Manufacturing Stage Time need (hours) Total time available (hours per week)

Electric Gas

Forming 4 2 3,457

Machine shop 10 811,954

Assembly 6 4 5,437

Testing 2 2 2,106

Each electric cooker has a variable cost of $200 and a selling price of $300, and each gas cooker has a variable cost of $160 and a selling price of $240. Fixed overheads are $60,000 a week and the company works a 50-week year. The marketing department suggests maximum sales of 800 electric and 1,250 gas cookers a week.

a) Formulate this as a linear program

b) Find the optimal solution to the problem

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Numerical Analysis

Authors: Richard L. Burden, J. Douglas Faires

9th edition

538733519, 978-1133169338, 1133169333, 978-0538733519

More Books

Students also viewed these Mathematics questions

Question

=+5. Demonstrate graphically the effect of a price floor.

Answered: 1 week ago