FoxCo Manufacturing makes three different circuit boards which serve as the basic electronics for a home...
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FoxCo Manufacturing makes three different circuit boards which serve as the basic electronics for a home security system, a commercial clothes dryer, and a digital x-ray camera. The three boards have different material and labor requirements, as shown in the table below. Security board Dryer board Camera board Material Labor Required Required (units) (hours) 3.9 3.5 3.1 70 50 60 FoxCo makes a profit of $31 on each security board, $23 on each dryer board, and $27 on each camera board. Each month the company has available 12,000 units of material, and 800 hours of labor. FoxCo needs to know how many of each board to make in order to maximize the monthly profit. a. What is the objective function equation? b. What are the decision variables? Drable c. What are the equations for the constraints? d. How many (theoretically) of each board should the company make each month and will be the resulting profit? FoxCo Manufacturing makes three different circuit boards which serve as the basic electronics for a home security system, a commercial clothes dryer, and a digital x-ray camera. The three boards have different material and labor requirements, as shown in the table below. Security board Dryer board Camera board Material Labor Required Required (units) (hours) 3.9 3.5 3.1 70 50 60 FoxCo makes a profit of $31 on each security board, $23 on each dryer board, and $27 on each camera board. Each month the company has available 12,000 units of material, and 800 hours of labor. FoxCo needs to know how many of each board to make in order to maximize the monthly profit. a. What is the objective function equation? b. What are the decision variables? Drable c. What are the equations for the constraints? d. How many (theoretically) of each board should the company make each month and will be the resulting profit?
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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