Question: Please work out in excel and show steps in excel. Your company manufactures printer cases on two different injection molding machines. The M - 1
Please work out in excel and show steps in excel. Your company manufactures printer cases on two different injection molding machines. The M has a capacity of cases per hour, and the M has a capacity of cases per hour.
Both machines use the same chemicals in the manufacturing process; the M uses pounds of material per hour, and the M uses pounds per hour.
Your client has asked you to produce as many cases as possible next week, and they will pay $ for every case you can deliver.
Unfortunately, you had scheduled maintenance downtime for both of your machines next week, so the M will only be available for hours maximum, and the M will only be available for hours maximum. However, due to the high setup costs, if you run either machine during the week, they must run for a minimum of hours.
That last sentence has the potential to make this an interesting problem.
The operating costs of the machines are $hour for the M and $hour for the M
Your chemical supplier has pounds of chemicals available next week at a cost of $ per pound.
What is your business decision for next week, and how much profit will it generate?
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
