Question: For Question i(c), if you do not have the software, can just ignore. Will be appreciated with the other questions. Thank you. ABC Manufacturing produces

For Question i(c), if you do not have the

For Question i(c), if you do not have the software, can just ignore. Will be appreciated with the other questions. Thank you.

ABC Manufacturing produces two products, Product A requires 2 hours of fabrication and 1 hour of assembly, where Product B requires 3 hours of fabrication and 1 hour of assembly. The company has 1000 and 800 labour hours available for fabrication and assembly respectively. Profit for Product A is RM70 unit and Product B is RM80 per unit. How many of each component should be produced to maximize profit? i) Solve the problem using a) Linear Programming b) Simplex c) Excel Solver If the company planned to increase the labour time, which labour time should be prioritized? (Assembly or fabrication time) What is the new optimum profit when the assembly time is increased by 5%, 10% and 15%? iv) What is the optimum profit if the new price of product A is RM90? v) Apart from existing Product A and B, the company also wants to manufacture Product C, could we still use both Linear Programming and Simplex Methods to determine new optimum profit? ABC Manufacturing produces two products, Product A requires 2 hours of fabrication and 1 hour of assembly, where Product B requires 3 hours of fabrication and 1 hour of assembly. The company has 1000 and 800 labour hours available for fabrication and assembly respectively. Profit for Product A is RM70 unit and Product B is RM80 per unit. How many of each component should be produced to maximize profit? i) Solve the problem using a) Linear Programming b) Simplex c) Excel Solver If the company planned to increase the labour time, which labour time should be prioritized? (Assembly or fabrication time) What is the new optimum profit when the assembly time is increased by 5%, 10% and 15%? iv) What is the optimum profit if the new price of product A is RM90? v) Apart from existing Product A and B, the company also wants to manufacture Product C, could we still use both Linear Programming and Simplex Methods to determine new optimum profit

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 General Management Questions!