Question: Q. Formulate and solve this problem using Excel Brady Distributors packages and distributes industrial supplies. A standard shipment can be packaged using a mix of
Brady Distributors packages and distributes industrial supplies. A standard shipment can be packaged using a mix of dry storage, refrigerated, and insulated containers. A shipment in a single dry storage container yields a profit of $1,250; in a single refrigerated container, a profit of $2,500; and in a single insulated container, a profit of $5,000. Each container requires a certain amount of packing material as well as packing time, as shown below. Tom Brady, head of the firm, must decide the optimal number of each class of container to use for his weekly shipment. Each week, his supplier can supply him with 495 pounds of packing materials; additionally, each of his five full-time packers provides 40 hours of labor. Finally, Tom has 25 dry storage, 20 refrigerated, and 34 insulated containers available to him each week
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
