Consider the following linear programming model: Maximize Profits = $6X + $5Y Subject to 3X + 2Y

Question:

Consider the following linear programming model:

Maximize Profits = $6X + $5Y

Subject to

3X + 2Y ≤ 24 (hours of fabrication time)

2X + 4Y ≤ 40 (hours of assembly time)

X, Y ≥ 0

1. What are the optimal solution values of the decision variables?

2. How much slack does each constraint have, and what do these values mean?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations Management Managing Global Supply Chains

ISBN: 978-1506302935

1st edition

Authors: Ray R. Venkataraman, Jeffrey K. Pinto

Question Posted: