Question
The Kartick Company is trying to determine how much of each of two products to produce over the coming planning period. There are three departments,
The Kartick Company is trying to determine how much of each of two products to produce over the coming planning period. There are three departments, A, B, and C, with limited labor hours available in each department. Each product must be processed by each department and the per unit requirements for each product, labor hours available, and per-unit profit are as shown below. Labor required in each department Department Product (hours/unit) Labor Hours Available Product 1 Product 2 A 1.00 0.30 100 B 0.30 0.12 36 C 0.15 0.56 50 Profit Contribution $33.00 $24.00 A linear program for this situation is as follows. Let x1 = the amount of product 1 to produce. Let x2 = the amount of product 2 to produce. Maximize 33 x1 + 24 x2 s.t.
Consider the following tables a representation of an Excel spreadsheet. Kartick Decisions Model Is his solution optimal? Without solving the problem, explain why you believe this solution is optimal or not optimal. His solution is optimal, it results in a minimum number of unused hours. His solution is optimal, it results in a maximum profit contribution. His solution is optimal, it results in a maximum number of hours used. His solution is not optimal, it results in unused hours, thus more products can still be made. His solution is not optimal, it results in more hours used than what is availableStep by Step Solution
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