Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95,

Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively. The production requirements per unit are as follows:

Number of Fans Number of Cooling Coils Manufacturing Time (hours)
Economy 1 1 8
Standard 1 2 12
Deluxe 1 4 14

For the coming production period, the company has 200 fan motors, 320 cooling coils, and 2400 hours of manufacturing time available. How many economy models (E), standard models (S), and deluxe models (D) should the company produce in order to maximize profit? The linear programming model for the problem is as follows:

Max 63E + 95S + 135D
s.t.
1E + 1S + 1D 200 Fan motors
1E + 2S + 4D 320 Cooling coils
8E + 12S + 14D 2400 Manufacturing time
E, S, D 0

The computer solution is shown in the figure below.

Optimal Objective Value = 16440.00000

Variable

Value

Reduced Cost

E

80.00000

0.00000

S

120.00000

0.00000

D

0.00000

-24.00000

Constraint

Slack/Surplus

Dual Value

Fan motors

0.00000

31.00000

Cooling coils

0.00000

32.00000

Manufacturing time

320.00000

0.00000

Variable

Objective Coefficient

Allowable Increase

Allowable Decrease

E

63.00000

12.00000

15.50000

S

95.00000

31.00000

8.00000

D

135.00000

24.00000

Infinite

Constraint

RHS Value

Allowable Increase

Allowable Decrease

Fan motors

200.00000

80.00000

40.00000

Cooling coils

320.00000

80.00000

120.00000

Manufacturing time

2400.00000

Infinite

320.00000

Which constraint shows extra capacity? How much?

What is the optimal solution for standard models (S)?

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

Finance For Housing An Introduction

Authors: Cathy Davis

1st Edition

1447306481, 978-1447306481

More Books

Students also viewed these Finance questions

Question

Distinguish between cortical and juxtamedullary nephrons.

Answered: 1 week ago

Question

Explain briefly Ratio Analysis and its role.

Answered: 1 week ago