Question: Multi - product plem in part ( a ) . Each prod Production Planning. Hart Manufacturing makes three products. labor requires manufacturing operations in three
Multiproduct plem in part a
Each prod Production Planning. Hart Manufacturing makes three products.
labor requires manufacturing operations in three departments: A B and C The laborhour requirements, by department, are as follows:
tableDepartmentProduct Product Product ABC
During the next production period the laborhours available are in department A in department and in department The profit contributions per unit are $ for product $ for product and $ for product
a Formulate a linear programming model for maximizing total profit contribution.
b Solve the linear program formulated in part a How much of each product should be produced, and what is the projected total profit contribution?
c After evaluating the solution obtained in part b one of the production supervisors noted that production setup costs had not been taken into account. She noted that setup costs are $ for product $ for product and $ for product If the solution developed in part b is to be used, what is the total profit contribution after taking into account the setup costs?
Show a simple way to solve on excel
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
