ABC Inc. produces two models of widgets Regular, Superior which needs to go through three processes
Question:
ABC Inc. produces two models of widgets Regular, Superior which needs to go through three processes – Process I, Process II, and Process III. Production of one unit of the Regular model requires one hour of Process I, one hour of Process II, and two hours of Process III. To make one unit of the Superior model, one hour of process I, two hours of process two, and one hour of process three are required. In addition, due to government clean air policy, no more than four units of Model R can be produced. During a production run, at most thirteen hours of Process I time, twenty-two hours of process II time and twenty hours of Process III time are available. The profit per unit produced and sold is $5.00 from the Regular model and $8.00 from the Superior model. The company objective is to maximize profit.
1. Express the problem in the linear programming format.
2. Identify the feasible zone.
3. Find the optimal solution.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill