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The XYZ Company produces two products. The total profit achieved from these prod - ucts is described by the following equation: Total profit = -
The XYZ Company produces two products. The total profit achieved from these prod
ucts is described by the following equation:
Total profit
where thousands units product
thousands units product
Every units of requires one hour of time in the shipping department, and every
units of requires minutes in the shipping department. Each unit of each
product requires two pounds of a special ingredient, of which pounds are avail
able. Additionally, hours of shipping labor are available. Demand for and is
unlimited.
a Formulate an NLP model for this problem.
b Implement your model in a spreadsheet and solve it
c What is the optimal solution?
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