Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 10 (25 points) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can
Question 10 (25 points) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company's needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Component 1 1 $12 2 $10 Capacity 600 Supplier 2 $13 $11 1000 3 $14 $10 800 Production 1,000 800 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities and Edwards' production plan are given above. How many units of each component should be ordered from each supplier? What is the total purchase cost for the components? Create the entire linear programming model below and plug into LINDO and show the results (LINDO output). Hint: We want to minimize costs. Paragraph U *** B
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