Question: 1 . ( 3 5 pts . ) A manufacturing company produces three types of products: ( P _ { 1 } , P
pts A manufacturing company produces three types of products: P P and P The company wants to determine the optimal production levels of each product to maximize revenue, minimize production costs, and fulfill specific production goals. However, due to resource limitations achieving all goals may not be possible. The company wants to apply goal programming to address these conflicting objectives.
Product Data:
Constraints and Goals:
Resource Constraints: Machine hours available per week: hours.
Goal Hlighest Priority: The company wants to produce at least units of Pl
Goal Second Priority: Achieve a total weekly revenue of at least $
Goal Third Priority: Keep total production costs below $
Goal Fourth Priority: Production levels of P should not exceed production levels of P by more than units.
Model the problem as a Goal Programming problem. DO NOT plot graph, DO NOT attempt to solve
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