Question: Hi, could you please help me with this assignment: Klein Industries manufactures three types of portableair compressors: small, medium, and large, which haveunit profits of

Hi,

could you please help me with this assignment:

Klein Industries manufactures three types of portableair compressors: small, medium, and large, which haveunit profits of $20.50, $34.00, and $42.00, respectively.The projected monthly sales are:

Small Medium Large

Minimum 14,000 6,200 2,600

Maximum 21,000 12,500 4,200

The production process consists of three primary activities: bending and forming, welding, and painting. The amount of time in minutes needed to process each product in each department is shown below:

SmallMediumLargeAvailable Time

Bending/forming0.40.70.823,400

Welding 0.61.01.223,400

Painting 1.42.63.146,800

How many of each type of air compressor should the company produce to maximize profit?

Formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the sensitivity information.

Solve the model without the auxiliary variables and explain the relationship between the reduced costs and the shadow prices found in part a.

Explain how the LP model was set up?

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 Mathematics Questions!