A Firm makes Easyrider motorcycles and Roughrider motorcycles at two different Garages. Garage A produces 16 Easyrider
Question:
A Firm makes “Easyrider” motorcycles and “Roughrider” motorcycles at two different Garages. Garage A produces 16 Easyrider and 20 Roughrider motorcycles in one day while Garage B produces Twelve (12) “Easyrider” and Twenty (20) “Roughrider” motorcycles daily. It costs $1000/day to operate Garage A and $800/day to operate Garage B. At least 96 “Easyrider” motorcycles and at least 140 “Roughrider” motorcycles are expected to be produced. Also, Garage B is part of a powerful Union and requires that the factory must be open for at least 2 days. How many days should each factory be operated on in order to minimize cost? What is the minimum cost?
Let X = the number day Garage A is operated
Let Y = the number day Garage B is operated
What is the objective function? Minimize
X + y ≥ 96 x + y ≥ 140
Subject to? (What are the limitations inequalities?)
Easyrider: 16
Roughrider: y
Garage B:
Provide a display of interacting Limitation (You can graph by hand or use Technology). Limitations can be easily simplified and allow straightforward graphing.
Macroeconomics Principles, Applications, and Tools
ISBN: 978-0132555234
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez