A factory manufactures three products, A, B, and C. Each product requires the use of two...
Fantastic news! We've located the answer you've been seeking!
Question:
Transcribed Image Text:
A factory manufactures three products, A, B, and C. Each product requires the use of two machines, Machine I and Machine II. The total hours available, respectively, on Machine I and Machine Il per month are 3,960 and 7,430. The time requirements and profit per unit for each product are listed below. ABC 6 Machine 1 3 5 Machine 11 6 8 12 Profit $9 $13 $15 How many units of each product should be manufactured to maximize profit, and what is the maximum profit? Start by setting up the linear programming problem, with A, B, and C representing the number of units of each product that are produced. Maximize P subject to: Enter the solution below. If needed round numbers of items to 1 decimal place and profit to 2 decimal places. The maximum profit is S $ 3,960 7,430 units of product A units of product B units of product C when the company produces: L
Expert Answer:
Answer rating: 100% (QA)
To set up the linear programming problem let s define the decision variables as follows A Number of View the full answer
Related Book For
Accounting for Decision Making and Control
ISBN: 9781259564550
9th edition
Authors: Jerold Zimmerman
Posted Date:
Students also viewed these general management questions

A factory manufactures two products, A and B. Each product requires the use of three machines, Machine I, Machine II, and Machine III. The time requirements and total hours available on each machine...

Use the following description of the operations of the RC_Charter2 Company to complete this exercise. ¢ The RC_Charter2 Company operates a fleet of aircraft under the Federal Air Regulations...

A factory manufactures three products (doohickies, gizmos, and widgets) and ships them to two warehouses for storage. The number of units of each product shipped to each warehouse is given by the...

The US Womens Swimming Team won the 1500 m relay at the 2016 Olympic Games. Here are the completion times, in seconds, for all eight teams that competed in the finals: a. Calculate the sample...

The following data have been provided by a company for a recent accounting period: The cost of goods manufactured for the period was: A. $147,000 B. $151,000 C. $153,000 D.$154,000 Inventories,...

Survey two relatives or friends and ask about their decisionmaking process when they most recently bought a vehicle. Find out if they thought about the opportunity costs when making the purchase....

An instruction is stored at location 550 with its address field at location 551. The address field has the value 2410. A processor register R1 contains the number 2310. Evaluate the effective address...

During the recession of 19891993, the auto industry began taking extreme cost cutting measures by downsizing its organizations. The downsizing efforts created project management problems for the...

0000 When this query is executed, the result set will contain one row for each invoice that has a larger balance due than the average balance due for all invoices one row for the invoice with the...

Jia Inc. applies ASPE and had the following statement of financial position at the end of operations for 2013: During 2014, the following occurred: 1. Jia Inc. sold some of its fair valuenet income...

What is the highest price an investor should pay for a $5,000 face value strip bond. With 8.5 years remaining until maturity if she requires. A rate of return of 4.75% compounded semiannually on her...

In Problem discuss the validity of each statement. If the statement is always true, explain why. If not, give a counterexample. The range for a set of sample measurements is less than or equal to the...

To gain an impression of how important and how widespread is the use of ratios in business and finance, see how many million matches you get when you Google on the key words: (i) financial AND ratio...

In Problem discuss the validity of each statement. If the statement is always true, explain why. If not, give a counterexample. The range for a set of measurements is greater than or equal to 0.

Explain why a regular Markov chain that has more than one state is not absorbing.

(A) When is the sample standard deviation of a set of measurements equal to 0? (B) Can the population standard deviation of a set of measurements ever be greater than the range? Explain why or why...

Conduct a stakeholder analysis for the following three (3) major stakeholders of Flight Centre ( may wish to use the Table 3 template below to present your response). For cach major Flight Centre...

The following information is available for Partin Company: Sales $598,000 Sales Returns and Allowances 20,000 Cost of Goods Sold 398,000 Selling Expense 69,000 Administrative Expense 25,000 Interest...

Hurricane Safe produces an LED rechargeable flashlight torch that it sells online through various websites. It has the following cost structure. *Fixed cost at 100,000 units per year Required: a. If...

Berkman Financial is a regional bank that offers a variety of financial services to both retail and commercial customers. Berkman uses the stepdown allocation method to allocate four service...

HexBug manufactures and sells small robotic creatures that change direction when they encounter obstacles in their path. These batterypowered toys, some radiocontrolled, sell for retail prices...

A buck converter has 220V dc input voltage, RL = 18 , switching frequency of 5 kHz, and ontime of 80 s. If the average source current is 10 A, determine: (1) The average output voltage, current,...

For a lowvoltage buck converter with V out = 3.5 V, f s = 50 kHz, L = 200 H, C = 500 F, V in = 12 V, and I out = 1.5 A, determine the peaktopeak ripple V out in the output voltage.

A ship was designed to travel at 15 knots with a dedicated 4.6kV, 30MW e propulsion power plant consisting of the generators, transformers, VFDs, and motors rated accordingly. A new line of ships...
Question Categories