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Question 1: A manufacturing organization is planning its production schedule. They currently produce 4 products using 5 different materials. The selling price of the product,
Question 1: A manufacturing organization is planning its production schedule. They currently produce 4 products using 5 different materials. The selling price of the product, the cost and availability of the materials, and the consumption of the material to manufacture the products are all provided in the tables below. Based on this information, the organization has requested you to do the following:
- Identify the raw materials that are constraining the ability of the organization to increase their profit.
Material | Quantity Available | Quantity Consumed |
---|---|---|
RM 1 | 5000 | 3750 |
RM 2 | 4000 | 4000 |
RM 3 | 2000 | 2000 |
RM 4 | 3000 | 3000 |
RM 5 | 4000 | 3000 |