Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A film packaging plant can manufacture four different thicknesses (1, 3, 5, and 0.5 mm) in any combination. Each thickness requires time on each

A film packaging plant can manufacture four different thicknesses (1, 3, 5, and 0.5 mm) in any combination. Each thickness re

A film packaging plant can manufacture four different thicknesses (1, 3, 5, and 0.5 mm) in any combination. Each thickness requires time on each of three machines in minutes per square yard of film, as shown in the table below. Each machine is available 60 hours per week. The table also gives revenue and cost per square yard for each thickness. Variable labor costs are $25 per hour for machines 1 and 2, and $35 per hour for machine 3. We wish to maximize profit given the maximum demands for each thickness that the market can handle. Time on machines 2 3 8 9 7 5 5 4 10 6 Thickness 1 1mm 5 2mm 4 5mm 4 0.5mm 6 Max demand 400 250 200 450 Revenue Cost $110 $30 $90 $10 $60 $10 $100 $20 (a) What are your decision variables? In terms of those decision variables, what is the objective function? (b) Formulate this problem as a linear program. (c) Solve the linear program using LINGO and interpret your answer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Statisitcs

Authors: Barry Monk

2nd edition

1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296

More Books

Students also viewed these Mathematics questions