Question
Sandy Edge is president of Edge File Works, a firm that manufactures two types of metal file cabinets. Edge has a weekly operating capacity of
Sandy Edge is president of Edge File Works, a firm that manufactures two types of metal file cabinets. Edge has a weekly operating capacity of 1,600 hours, with the two-drawer cabinet taking 1.5 hours to produce and the three-drawer cabinet requiring 2 hours. Each two-drawer model sold yields a $12 profit, and the profit for the three-drawer model is $14. Edge has listed the following goals:
A) Set up and solve this problem as a goal programming model using the given weights
Goal 2 is 10 times more important than the other goals
B) Set up and solve this problem as a goal programming model in rank order
Rank 1: Attain a profit as close to $12,000 as possible each week (Goal 1).
Rank 2: Avoid underutilization of the firm's production capacity (Goal 2).
Rank 3: Sell at least 550 two- drawer (Goal 3) and no more than 400 three-drawer cabinets (Goal 4).
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