Question: A technology production company is optimizing its manufacturing process for five products: P 1 , P 2 , P 3 , P 4 , and
A technology production company is optimizing its manufacturing process for five products: P P P P and P Each product is manufactured using different amounts of three main resources: material M labor L and energy E The company's goal is to maximize the profits obtained from the production and sale of these products while respecting the available resource constraints. The company's data are as follows:
Profit per unit produced:
P:$
P:$
P:$
P:$
P:$
Resource consumption per product unit in hoursmaterialsenergy:
P: Material: Labor: Energy:
P: Material: Labor: Energy:
P: Material: Labor: Energy:
P: Material: Labor: Energy:
P: Material: Labor: Energy:
Resource availability:
Available material: units
Available labor: hours
Available energy: nits
Additionally, to diversify the product portfolio, the company wants to manufacture at least one nit of each product and the number of P and P products together must not exceed units due to market constraints. Moreover, the total use of materials must not exceed nits; the total use of labor hours
must not exceed hours; and the total use of energy must not exceed nits.
a points Formulate this problem as an I.P
b points Solve the following LP using Python and Gurobi. Report the Python code you used,
the optimal solution and the optimal value, or if the problem is unbounded or infeasible:
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
