A manufacturer produces three different products at their plan (Dress shoe, Jacket, and Hand shoe). Production...

    

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A manufacturer produces three different products at their plan (Dress shoe, Jacket, and Hand shoe). Production of each product requires three different kinds of resources. The per-unit profit, per-unit raw leather usage, per-unit labor usage, per-unit machine time usage, and minimal monthly demand are given in the following table: A B C 1 Product Dress shoe Jacket Hand shoe 2 Units made 3 Profit/unit 14,00 20,00 4,00 4 Leather/unit (m2) 0,09 1,50 0,04 5 Labor usage/ unit (hour) 1,80 2,00 1,50 6 Machine time usage/ unit (hour) 0,30 0,80 0,25 7 Minimal monthly demand (unit) 300 25 1500 This month, 1400 m2 of leather, 3000 hours of labor,and 1000 hours of machine time are available. How can this manufacturer maximize its monthly profit? Question 23: (20 Points) Specify an actual DSS (using IPO model) that helps solve the given optimization problem. Question 24: (20 Points) Has solver found an integer solution? If yes, what is the optimal product mix? Could solver find any feasible solution, if 1400 m2 of leather, 3000 hours of labor, and only 300 hours of machine time are available. If not, explain why. A manufacturer produces three different products at their plan (Dress shoe, Jacket, and Hand shoe). Production of each product requires three different kinds of resources. The per-unit profit, per-unit raw leather usage, per-unit labor usage, per-unit machine time usage, and minimal monthly demand are given in the following table: A B C 1 Product Dress shoe Jacket Hand shoe 2 Units made 3 Profit/unit 14,00 20,00 4,00 4 Leather/unit (m2) 0,09 1,50 0,04 5 Labor usage/ unit (hour) 1,80 2,00 1,50 6 Machine time usage/ unit (hour) 0,30 0,80 0,25 7 Minimal monthly demand (unit) 300 25 1500 This month, 1400 m2 of leather, 3000 hours of labor,and 1000 hours of machine time are available. How can this manufacturer maximize its monthly profit? Question 23: (20 Points) Specify an actual DSS (using IPO model) that helps solve the given optimization problem. Question 24: (20 Points) Has solver found an integer solution? If yes, what is the optimal product mix? Could solver find any feasible solution, if 1400 m2 of leather, 3000 hours of labor, and only 300 hours of machine time are available. If not, explain why.

Answer rating: 100% (QA)

Q23 1 2 3 A Units made Profitunit Leatherunit Laborunit Machine timeunit Min Dem... View the full answer