Question: Business Process Optimization Quaker Oats must decide on the optimal number of two production processes. Process 1: Requires 5 units of raw material A and
Business Process Optimization
Quaker Oats must decide on the optimal number of two production processes.
Process 1: Requires 5 units of raw material A and 3 units of raw material B Produces 6 units of Capn Crunch and 8 units of Life cereal
Process 2: Requires 4 units of raw material A and 5 units of raw material B Produces 4 units of Capn Crunch and 4 units of Life cereal
The maximum amount available of raw materials A and B are 200 units and 150 units respectively. Market requirements show that at least 100 units of Capn Crunch and 80 units of Life cereal must be produced. The profits per production run from process 1 and process 2 are 3 million dollars and 4 million dollars, respectively. Construct the Linear Programming model required to maximize the profit. No need to solve for the optimal solution.
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