Question: Can someone just please show the code for LINGO for this problem. I'm not experienced with Excel Solver, and I always have another question with

 Can someone just please show the code for LINGO for this

Can someone just please show the code for LINGO for this problem. I'm not experienced with Excel Solver, and I always have another question with the answers that I have seen given for it. So please, if you can, just show it LINGO. Thnx.

The manufacturing process of a product consists of two successive operations, I and II. The following table provides the pertinent data over the months of June, July, and August: June July August Finished product demand (units) Capacity of operation I (hr) Capacity of operation II (hr) 500 800 1000 450 700 850 600 550 700 Producing a unit of the product takes .6 hr on operation I plus .8 hr on operation II. Overproduction of either the semifinished product (operation I) or the finished product (operation II) in any month is allowed for use in a later month. The respective holding costs for operations I and II are $.20 and $.40 per unit per month. The production cost varies by operation and by month. For operation 1, the unit production cost is $10, $12, and $11 for June, July, and August. For operation 2, the corresponding unit production cost is $15, $18, and $16. Develop an LP model to determine the optimal production schedule for the two operations over the 3-month horizon and find the optimum solution using LINGO

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!