Question: Formulate and solve a linear programming model for this make - or - buy application. How many of each component should be manufactured and how
Formulate and solve a linear programming model for this makeorbuy application. How many of each component should be manufactured
and how many should be purchased?
What is the total cost of the manufacturing and purchasing plan?
How many hours of production time are used in each department?
How much should Frandec be willing to pay for an additional hour of time in the shaping department?
Another manufacturer has offered to sell frames to Frandec for $ each. Could Frandec improve its position by pursuing this
opportunity? Why or why not?
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