An assembly plant for medical optical equipment makes two products.

Product 1 is made for optometrists, while Product 2, which has many more features, is for ophthalmologists. After subtracting all variable costs, the two products have profit margins of $800 and $2400 per unit respectively. Each unit of Product 1 requires 6 labour-hours in assembly-line 1, and 3 labour-hours in assembly-line 2. Each unit of Product 2 requires four labour-hours in assembly-line 1, and 111 4 labour-hours in assembly-line 2. Each week assembly-line 1 is available for 3256 labour-hours, and assembly-line 2 is available for 6660 labour-hours. At least 65% of the total production must be Product 2; however, they cannot sell more than 575 units of Product 2.

Formulate a linear optimization model for this situation. Write every constraint in standard form (≤, = , or ≥ a number), with a one or two word description of the purpose of the constraint

Without plotting any points outside the 1000 by 1000 region on the graph paper, solve the model, clearly indicating each constraint with a word description next to it, the feasible region, the trial and optimal isovalue lines, and the point of optimality.

Compute the exact solution algebraically, and clearly state the recommendation and the OFV

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The question is complete From the given problem we can define the variables constraints and the obje... View the full answer