Question: A company is using linear programming to determine the optimal production mix for two products, A and B . The objective is to maximize profit.

A company is using linear programming to determine the optimal production mix for two
products, A and B. The objective is to maximize profit. The original linear programming
problem is as follows:
Maximize Z=3A+5B
subject to:
(1)2A+B10;
(2)A+3B12;
(3)A,B0.
The company has found the optimal solution to be A=3.6,B=2.8, and the maximum profit
Z=24.8.
Now, the company is considering making changes to the problem. They anticipate the
following changes:
(a) The profit from product A may change from $3 to $4..
 A company is using linear programming to determine the optimal production

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!