Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 4: CrazyBoat has to produce at least 5000 canoes and 12,000 dragon boats each year; they can produce at most 30,000 jet skis in
Question 4: CrazyBoat has to produce at least 5000 canoes and 12,000 dragon boats each year; they can produce at most 30,000 jet skis in a year. The company has two factories: one in Ontario, and one in Quebec; each factory is open for a maximum of 240 days per year. The Ontario factory makes 20 canoes, 40 dragon boats, and 60 jet skis per day. The Quebec factory makes 10 canoes, 30 dragon boats, and 50 jet skis per day. The cost to run the Ontario factory per day is $960,000; the cost to run the Quebec factory per day is $750,000. How many days of the year should each factory run in order to meet the boat production, yet do so at a minimum cost? Illustrate graphically the LP and its solution (Check by taking the corner points and plugging them into the objective function.)
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