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The XYZ Company produces two products. The total profit achieved from these products ( in thousands of dollars ) is described by the following equation.
The XYZ Company produces two products. The total profit achieved from these products in thousands of dollars is described by the following equation.
Total profit x x x x
where
x thousands of units of product ; x thousands of units of product
Every units of product require hour of time in the shipping department, and every units of product require minutes in the shipping department. Each unit of each product requires two pounds of a special ingredient, of which pounds are available. Additionally, hours of shipping labor are available. Demand for X and X is unlimited. a Formulate an NLP model for this problem to maximize profit in thousands of dollars MAX: Subject to: shipping department special ingredient
x x
b Implement your model in a spreadsheet and solve it What is the optimal solution? Round your numerical values to three decimal places.
x x
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