The Stratton Company produces two types of plastic pipe. Three resources are crucial to the output...
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The Stratton Company produces two types of plastic pipe. Three resources are crucial to the output of pipe: extrusion time, packaging time, and a special additive to plastic raw material. The table below represents next week's situation. PRODUCT Туре А Pipe Tуре В Ріpе 6 minutes 2 minutes 1 lb Type A 4 minutes RESOURCE Resource Avail 48 hrs 18 hrs 160 lbs Extrusion Packaging Additive Mix 2 minutes 2 lbs The contribution to profits is $34 for type A pipe and $40 for type B pipe. The company can sell up to 80 units of type B pipe, but all type A produced can be sold. Clearly define your decision variable and formulate the company's problem. The objective is to maximize the coming week's profit. The Stratton Company produces two types of plastic pipe. Three resources are crucial to the output of pipe: extrusion time, packaging time, and a special additive to plastic raw material. The table below represents next week's situation. PRODUCT Туре А Pipe Tуре В Ріpе 6 minutes 2 minutes 1 lb Type A 4 minutes RESOURCE Resource Avail 48 hrs 18 hrs 160 lbs Extrusion Packaging Additive Mix 2 minutes 2 lbs The contribution to profits is $34 for type A pipe and $40 for type B pipe. The company can sell up to 80 units of type B pipe, but all type A produced can be sold. Clearly define your decision variable and formulate the company's problem. The objective is to maximize the coming week's profit.
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Solution The variables for the company is extrusion which ... View the full answer
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
Posted Date:
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