Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this Q for OR A company is involved in the production of two items (X and Y). The resources need to produce X and Y

this Q for OR image text in transcribed

A company is involved in the production of two items (X and Y). The resources need to produce X and Y are twofold, namely machine time for automatic processing and craftsman time for hand finishing. The table below gives the number of minutes required for each item: The company has 40 hours of machine time available in the next working week but only 36 hours of craftsman time. Machine time is costed at $30 per hour worked and craftsman time is costed at $10 per hour worked. Both machine and craftsman idle times incur no costs. The revenue received for each item produced (all production is sold) is $30 for X and $24 for Y. The company has a specific contract to produce 10 items of X per week for a particular customer. c. Formulate the problem of deciding how much to produce per week as a linear program. d. Use the graphical solution technique to find the optimal solution to the model. e. Use the simplex algorithm to find the optimal solution to the model. A company is involved in the production of two items (X and Y). The resources need to produce X and Y are twofold, namely machine time for automatic processing and craftsman time for hand finishing. The table below gives the number of minutes required for each item: The company has 40 hours of machine time available in the next working week but only 36 hours of craftsman time. Machine time is costed at $30 per hour worked and craftsman time is costed at $10 per hour worked. Both machine and craftsman idle times incur no costs. The revenue received for each item produced (all production is sold) is $30 for X and $24 for Y. The company has a specific contract to produce 10 items of X per week for a particular customer. c. Formulate the problem of deciding how much to produce per week as a linear program. d. Use the graphical solution technique to find the optimal solution to the model. e. Use the simplex algorithm to find the optimal solution to the model

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Database Concepts

Authors: David M Kroenke, David J Auer

6th Edition

0132742926, 978-0132742924

More Books

Students also viewed these Databases questions