Question: A small fabrication firm makes three basic types of components for use by other companies. Each component is processed on three machines. Total capacities (
A small fabrication firm makes three basic types of components for use by other companies. Each component is processed on three machines. Total capacitiesin hours are for machines; for machine; and for machine The processing times are as follows:
Processing Timehr
Component
Machine
Machine
Machine
A
B
C
Each component contains a different amount of two basic raw materials. Raw material costs $ per ounce, and raw material costs $ per ounce. At present, ounces of raw material and ounces of raw material are available.
Requirementsozunit
Component
Raw Material
Raw Material
Selling Price$unit
A
B
C
Part
a Assume that the company must make at least units of component B that labor costs are negligible, and that the objective is to maximize profits. Specify the objective function and constraints for the problem.
Objective function: Maximize Z
enter your response hereA
enter your response hereB
enter your response hereC. Enter your responses rounded to two decimal places.
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