make an LP model (linear programming model). Finding the maximum sales/profits and minimize the cost of production.
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Question:
make an LP model (linear programming model).
Finding the maximum sales/profits and minimize the cost of production.
iPhonesells for $1099
cost $570 to produce
500,000 iPhones are produced in a day
217 million iPhones produced in a year
It takes roughly 17 hours or 1020 minutes to make an iPhone.
iPadsells for $499
cost $375.10 to produce
300,000 iPads are produced a day
19.2 million iPads are produced a year
It takes roughly 5 days or 7200 minutes to make an iPad.
There are 350,000 workers per facility working 12-hour shifts at $1.90 an hour for iPad and $1.62 for iPhone.
325 workers to make an iPad and 4 people to make an iPhone.
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