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Question 4: A division of the Winston Furniture Company thinks of making a new set of two products A' and B to be processed in
Question 4: A division of the Winston Furniture Company thinks of making a new set of two products "A' and B to be processed in three departments 1, 2 and 3. Each product will require a certain amount of processing time in each department (with certain availabilities) Department 1 Department 2 Department 3 according to the Product A following table: Total availability 100 hours 0.5 hour 0.2 hour 0.25 hour 0.4 hour 0.15 hour 0.2 hour Product B 75 hours 80 hours Each unit of product A contributes $50 to profit, and each unit of product B contributes $35 to profit. To produce product A, there is a fixed cost of $850 setting up the production line which is $630 for product B. Formulate the problem (Introduce variables, objective function and constraints properly, but do not attempt to solve) 15 minutes on slide
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