An electronics firm decides to launch two new models of computer, COM1 and COM2. The cost...

 

Transcribed Image Text:

An electronics firm decides to launch two new models of computer, COM1 and COM2. The cost of producing each machine of type COM1 is $1200 and the cost for COM2 is $1600. The firm recognizes that it is a risky venture and decides to limit the total weekly production costs to $40 000. Also, due to a shortage of skilled labor, the total number of computers that the firm can produce in a week is at most 30. The profit made on each machine is $600 for COM1 and $700 for COM2. A. [10 Points] Construct the LP model and the feasible set. [CLO5 PLO2] B. [20 Points] Estimate the maximum profit by using the simplex method based on the EXCEL SOLVER. [CLOS PLO2] An electronics firm decides to launch two new models of computer, COM1 and COM2. The cost of producing each machine of type COM1 is $1200 and the cost for COM2 is $1600. The firm recognizes that it is a risky venture and decides to limit the total weekly production costs to $40 000. Also, due to a shortage of skilled labor, the total number of computers that the firm can produce in a week is at most 30. The profit made on each machine is $600 for COM1 and $700 for COM2. A. [10 Points] Construct the LP model and the feasible set. [CLO5 PLO2] B. [20 Points] Estimate the maximum profit by using the simplex method based on the EXCEL SOLVER. [CLOS PLO2]