Question: 1 . A company makes 2 products ( A ) and ( B ) from 2 resources, labor and material. The
A company makes products A and B from resources, labor and material. The products have the following resource requirements and produce the accompanying profits. The available quantity of resources is also shown in the table.
Management has developed the following set of goals:
Goal : quad Produce approximately units of product A
Goal : quad Produce approximately units of product B
Goal : Achieve a profit over $
Goal : Consume less than hours of labor.
Goal : quad Consume less than ounces of material.
a Formulate a goal programming model of this problem so as to minimize the sum of undesirable deviations of the five goals established by the management. Let diand dibe the deviational variables of goal i marks
b If the manager now wants to implement the MINIMAX ojective, what would be the new objective function and the additional constraints for this nodel? marks
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
