Question: it is goal programming with weights method, please show all work (LP + full consttaints) thanks Company X produces two types of PRODUCTS. Type I

it is goal programming with weights method, please show all work (LP + full consttaints) thanks

Company X produces two types of PRODUCTS. Type I requires twice as much labor as a Type II. Type I takes c minutes per unit. x1 x - The respective market demand for the two products are 150 and 200 units per day. The company desires to reach these minimum goals in every day. x1x2 - The maximum market demand for the two products are 350 and 250 units per day. The company should never make more than what is needed. - The profit is $8 per Type I and $5 per Type II. The desired revenue per day is $1000. - The company should produce at least 100 units/day (type 1+ type 2) to remain in the market. They cannot violate this requirement. - The company has beriours available every day (regular hours), however they can have overtime for up to A hours as well (If necessary). - The company prefers to spend equal amount of time on all types of product every day. Develop a reasonable mathematical model that can determine the number of products of each type. Then rank all goals, and finally use Weight Method (use your own reasonable weights) to develop the objective function

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!

Assignment 1 1. Food A contains 20 units of vitamin x and 40 units of vitamin y per gram. Food B contains 30 units of each of vitamins x and y. The daily minimum human requirements of vitamin x and y...

Could you please assist me with this assignment. Thanks Questions Question 1 of 1 45Problem 11-45 1. Check My Work eBook Performance Report Based on Actual Production Ladan Suriman, controller for...

Here is the new homework question. Please review the General Homework instructions due to the instructor being so strict. Were there any podcasts or Homework document notes that you needed me to...

My tutor that I Have been using for the past 5 weeks bailed on me with an assignment due tomorrow by 9PM Central USA time. There is 3 weeks left in this course. I am looking for someone that is...

In the rest of this chapter, we lead the reader through the formulation of several more complicated linear programming models. The most important step in formulating an LP model is the proper choice...

MAT540 Homework Week 6 Page 1 of 2 MAT540 Week 6 Homework Chapter 2 1. A Cereal Company makes a cereal from several ingredients. Two of the ingredients, oats and rice, provide vitamins A and B. The...

I'm in serious need of help in my accounting class (acc205) . I'm falling behind and I need help with this weeks assignment. for week three for the may-june month . can someone please help me ....

Attached is Accounting assignment along side recommended readings to answer certain questions. Thank you Assignment 1 Problem 1 15 points Reading - W. L. Ferrara, Cost/Management Accounting: The 21st...

Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...

A sample of 85 workers found the average overtime hours worked in the previous week was 8.9, with standard deviation 4.3 hours. Test the hypothesis that the average for all workers is 5 hours or...

A retailer of lawnmowers is considering changing the prices of some of his products. A pricing consultant advises him to consider the IRPs of the consumers in his market. (a) Formulate a survey...

which of the following will increase a shareholder's basis in an S corporation stock? 1 - a distribution of cash to the shareholder 2 - a nondeductible expenses not properly chargeable to a capital...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...