Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Your company manufactures TVs, stereos and speakers, using a common parts inventory of power supplies, speaker cones, etc. Parts are in limited supply and
Your company manufactures TVs, stereos and speakers, using a common parts inventory of power supplies, speaker cones, etc. Parts are in limited supply and you must determine the most profitable mix of products to build. Stereo TV set $60 Speaker $30 Profit $30 Quantity 0 0 0 Part Name TV set Stereo Speaker Inventory used 1 1 0 0 1 0 0 0 2 2 1 0 1 1 0 0 2 1 1 0 0 0 0 $0 Chassis Picture Tube Speaker Cone Power Supply Electronics Inventory limit 450 250 900 450 600 Profits by product Total Profits Color Coding Target cell Changing cells Constraints 1. Your company manufactures TVs, stereos and speakers, using a common parts inventory of power supplies, speaker cones, etc. Parts are in limited supply, and you must determine the most profitable mix of products to build. Goal: Find the maximum total profit of TV set, Stereo, and Speaker. Hint: Number of used inventories should be not more than Inventory limit.
Step by Step Solution
★★★★★
3.46 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
Step 13 Contribution Contribution is the amount which is excess of sales ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started