Question: Labor needed / Unit 7 . 5 6 5 5 . 5 4 5 3 . 5 2 . 5 Raw Material needed / Unit

Labor needed/Unit
7.5
65
5.5
45
3.5
2.5
Raw Material needed/Unit
1.8
27
0.7
0.6
0.5
3.6
Unit Sale Price
$11.00
$12.00
$6.00
55.00
54.00
$15.00
Cost/Unit
54.70
$5.30
$3.20
52.80
$1.90
$6.90
Demand for each product
948
908
1085
971
1177
952
Unit Profit
56.30
$6.70
52.80
52.20
$2.10
$8.10
10
11
Total Profit
12
13
Constraints
Total Labor
5000
14
Total Raw Material available <=
2000
15
16
17
Refer to Practices 1,2,3,4.
18
19
20
You have to think about other constraints such as the Units Made must be the Demand, and Units Made must be an integer.
21
R
Assume that you are working in a pharmacy company. For this given month, you have 5000 labor hours available, raw materials 2000 pounds available. You can make use of the labor and raw materials to produce 6 products, each requireing different numbers of labor hours, raw material for each unit production. Also, each unit product has different price, cost, demand and profit. Note, we cannot produce too much for a product because there is a demand limit. Over production would be a waste.
Now, how can we define the production for these products so that we can maximize our Total Profit in cell C11?
Row 3: Labor units needed for producing 1 unit of each product
Row 4: Raw Material needed/Unit, means how many raw materials are needed for producing 1 unit of proudct. For example, for product 1,1.8 raw materials are needed, while for product 5,0.5 units of raw materials are neeeded for producing 1 unit of product 5.

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