Question: New Exercise Bank Content Qu . 0 6 - 2 1 The Weigelt Corporation has three branch plants with excess production capacity. Fortunately, the corporation
New Exercise Bank Content Qu
The Weigelt Corporation has three branch plants with excess production capacity. Fortunately, the corporation has a new product ready to begin production, and all three plants have this capability, so some of the excess capacity can be used in this way. This product can be made in three sizeslarge, medium, and smallthat yield a net unit profit of $$ and $ respectively. Plants and have the excess capacity to produce and units per day of this product, respectively, regardless of the size or combination of sizes involved. The amount of available inprocess storage space also imposes a limitation on the production rates of the new product. Plants and have and square feet, respectively, of inprocess storage space available for a day's production of this product. Each unit of the large, medium, and small sizes produced per day requires and square feet, respectively. Sales forecasts indicate that if available, and units of the large, medium, and small sizes, respectively, would be sold per day. At each plant, some employees will need to be laid off unless most of the plant's excess production capacity can be used to produce the new product. To avoid layoffs if possible, management has decided that the plants should use the same percentage of their excess capacity to produce the new product. Management wishes to know how much of each of the sizes should be produced by each of the plants to maximize profit.
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Formulate and solve a linear programming model for this mixed problem on a spreadsheet.
a Determine the amount of each of the sizes to be produced by each of the plants. Note: Round your answers to decimal places. If nothing is produced, enter
tableProductionLarge,Medium,SmallPlant Plant Plant
b Determine the total profit.
Total profit
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