Question: I need help solving (a) Support Constraint, Strap Constrait, and (e) what is the reduced cost A linear programming computer package is needed. Frandec Company

I need help solving (a) Support Constraint, Strap Constrait, and (e) what is the reduced cost

I need help solving (a) Support Constraint, Strap A linear programming computer package is needed. Frandec Company manufactures, assembles, and rebuilds material-handling equipment used in warehouses and distribution centers. One product, called a Liftmaster, is assembled from four components: a frame, a motor, two supports, and a metal strap. Frandec's production schedule calls for 4,500 Liftmasters to be made next month. Frandec purchases the motors from an outside supplier, but the frames, supports, and straps may be either manufactured by the company or purchased from an outside supplier. Manufacturing and purchase costs per unit are shown. Component Manufacturing Cost Purchase Cost Frame $37.00 50.00 Support 10.50 $14.00 Strap $5.50 $6.50 Three departments are involved in the production of these components. The time (in minutes per unit) required to process each component in each department and the available capacity (in hours) for the three departments are as follows. Department Component Cutting Milling Shaping Frame 3.5 2.2 3.1 Support 1.3 1.7 2.6 Strap 0.8 1.7 Capacity (hours) 350 420 680 (a) Formulate and solve a linear programming model for this make-or-buy application. (Let FM = number of frames manufactured, FP = number of frames purchased, SM = number of supports manufactured, SP = number of supports purchased, TM = number of straps manufactured, and TP = number of straps purchased. Express time in minutes per unit.) Min 37 . FM + 50 . FP + 10.5 . SM + 14 . SP + 5.5 . TM + 6.5 . TP Cutting constraint |3.5 . FM + 1.3 . SM + 0.8 . TMS 21000 Milling constraint 2.2 . FM + 1.7 . SM

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 Economics Questions!