IA company produces two different products X and Y. Each product must be processed on two...
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IA company produces two different products X and Y. Each product must be processed on two machines M, and M2 .The total machine time available weekly on each machine is 100 hours. The profit contribution of X is Rs.40/%3 per unit and Y is Rs 30/= per unit. Required machine times for each of the products X and Y are shown below. Product X Product Y Machines M, Machines M2 3 (a) Determine using the Simplex Method, how many units of each product should be produced in order to get the maximum profit? (b) What is the maximum profit? IA company produces two different products X and Y. Each product must be processed on two machines M, and M2 .The total machine time available weekly on each machine is 100 hours. The profit contribution of X is Rs.40/%3 per unit and Y is Rs 30/= per unit. Required machine times for each of the products X and Y are shown below. Product X Product Y Machines M, Machines M2 3 (a) Determine using the Simplex Method, how many units of each product should be produced in order to get the maximum profit? (b) What is the maximum profit?
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aUnits of each product to produced to maximize profit The components are X and Y XY0 Machine 1Time t... View the full answer
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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