Karen Powell makes three different silverware - spoons, forks and knives. Each unit (dozen) of spoon...
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Karen Powell makes three different silverware - spoons, forks and knives. Each unit (dozen) of spoon gives her a profit of $11.50, forks of $18 and knives of $17.50. She has 183 hours of machine time, 250 hours of labor and 185 pounds of steel. It takes her 4 hours of machine time, 4 hours of labor time and 3 pounds of steels to make one unit of spoons. Each unit of forks take 4 hours of machine time, 9 hours of labor time and 2 pounds of steel, while knives take 5 hours of machine time, 5 hours of labor and 4 pounds of steel. It is also found that she should make at least 15 units of spoons in the process. Solve the following linear program The solution is x1 = [ Select] [ Select] , x2 = with an objective value of The resources that are used up are: [Select] [ Select] [Select] x3 = If it was decided that at least 20 units of spoons should be made instead of 15, what impact does it have on profits? [ Select] Karen Powell makes three different silverware - spoons, forks and knives. Each unit (dozen) of spoon gives her a profit of $11.50, forks of $18 and knives of $17.50. She has 183 hours of machine time, 250 hours of labor and 185 pounds of steel. It takes her 4 hours of machine time, 4 hours of labor time and 3 pounds of steels to make one unit of spoons. Each unit of forks take 4 hours of machine time, 9 hours of labor time and 2 pounds of steel, while knives take 5 hours of machine time, 5 hours of labor and 4 pounds of steel. It is also found that she should make at least 15 units of spoons in the process. Solve the following linear program The solution is x1 = [ Select] [ Select] , x2 = with an objective value of The resources that are used up are: [Select] [ Select] [Select] x3 = If it was decided that at least 20 units of spoons should be made instead of 15, what impact does it have on profits? [ Select]
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This question involves setting up and solving a linear programming problem There are three variables ... View the full answer
Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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