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The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain

The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 240 hours of wiring time are available and up to 140 hours of drilling time may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold for a $15 profit. Formulate and solve this LP production-mix situation, and find the best combination of air conditioners and fans that yields the highest profit. --
Solve it with this outlineStep by Step - LP Solution Outline
Step 1: Construct a Data Table & Designate the Variable Expressions
Step 2: Identify the Objective Function & the Constraint Functions
Objective Function
Maximize Profit:
Minimize Cost:
Subject to the following constraints (name each):
Constraint:
Constraint:
Constraint:
Non-Negativity Constraint:
Step 3: Find the Sets of Coordinates (X, Y) for the Constraints
Step 5: Corner Point Method
Identify the extreme points from Step 4. Keep in mind the non-negativity constraint.
Step 6: Simultaneous Equations Method
Point
Point
Point
Step 7: Optimal Solution & Profit Summary
x=
Profit ?? Cost =$
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