Buji manufactures cars and trucks. Each car contributes $300 to profit and each truck contributes $400. The resources required in manufacturing cars and trucks are shown on the table below. Each day, Buji can rent up to 98 Type 1 machines at $50 per machine. At present, the company has 73 Type 2 machines and 260 tons of steel available. Marketing considerations dictate that at least 44 cars must be produced. How many Type 1 machines should be rented daily and how many cars and trucks should be produced to maximize the company’s profit?

	Days on Type 1	Days on Type 2	Steel (tons)
Car	0.8	0.6	2
Truck	1	0.7	3

1. Formulate the problem into an LP in symmetric form.
2. Solve the LP and give the optimal tableau.

Answer rating: 100% (QA)

Formulating the LP in Symmetric Form Objective function Maximize profit 300x 400y Decision variables ... View the full answer