The Eaststate Manufacturing Company produces four different airplane parts from fabricated sheet metal for several major aircraft
Question:
The sheet metal required for each part, the estimated annual demand, and the profit per part are as follows:
The company has 15,000 square feet of fabricated metal delivered each month. The company has the following prioritized production goals:
(1) Avoid overtime, which would erode profit levels.
(2) Meet parts demand.
(3) Achieve an annual profit of $700,000.
(4) Avoid ordering more material because a surcharge is required by the supplier for changing the standard monthly order.
a. Formulate a goal programming model to determine the amount of each part to produce to achieve the companys objectives.
b. Solve this model by using the computer.
c. How would the solution be affected if the first two priorities werereversed?
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