The focus of Company AAA is to produce shoes with the brand YOLO, SOLO, and KOLO....

 

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The focus of Company AAA is to produce shoes with the brand YOLO, SOLO, and KOLO. The production involves labour and machines. The requirement of labours to produce YOLO is 3 labours; SOLO is 5 labours; and KOLO is also 5 labours. On the other hand, YOLO requires 3 minutes of Machine A and 10 minutes of Machine B. SOLO requires 5 minutes of Machine A and 20 minutes of Machine B. KOLO requires 5 minutes of Machine A and 15 minutes of Machine B. The revenue of a pair of shoes with the brand YOLO, SOLO, and KOLO is RM50, RM50, and RM45, respectively. The maximum operating hours for Machine A and Machine B are 6 hours and 8 hours, respectively. The limited budget allowed Company AAA to hire a maximum of 80 labours. a) b) c) d) e) f) Formulate the linear programming model with the information provided. (10 marks) Generate the Answer report and Sensitivity Report. (2 marks) What is the maximum profit that can be generated from the shoes production? (1 mark) Determine the binding and non-binding constraints. Justify your answers. (5 marks) Which level of activity should not be increased by Company AAA to increase the revenue from the production? Justify your answers. (5 marks) With all the resources remaining unchanged, the revenue of a pair of shoes YOLO increase from RM50 to RM75, what is the new revenue and optimal production? (2 marks) The focus of Company AAA is to produce shoes with the brand YOLO, SOLO, and KOLO. The production involves labour and machines. The requirement of labours to produce YOLO is 3 labours; SOLO is 5 labours; and KOLO is also 5 labours. On the other hand, YOLO requires 3 minutes of Machine A and 10 minutes of Machine B. SOLO requires 5 minutes of Machine A and 20 minutes of Machine B. KOLO requires 5 minutes of Machine A and 15 minutes of Machine B. The revenue of a pair of shoes with the brand YOLO, SOLO, and KOLO is RM50, RM50, and RM45, respectively. The maximum operating hours for Machine A and Machine B are 6 hours and 8 hours, respectively. The limited budget allowed Company AAA to hire a maximum of 80 labours. a) b) c) d) e) f) Formulate the linear programming model with the information provided. (10 marks) Generate the Answer report and Sensitivity Report. (2 marks) What is the maximum profit that can be generated from the shoes production? (1 mark) Determine the binding and non-binding constraints. Justify your answers. (5 marks) Which level of activity should not be increased by Company AAA to increase the revenue from the production? Justify your answers. (5 marks) With all the resources remaining unchanged, the revenue of a pair of shoes YOLO increase from RM50 to RM75, what is the new revenue and optimal production? (2 marks)

Answer rating: 100% (QA)

Answer a The linear programming model based on the given informa... View the full answer