Question: Show excel steps and solve the problem: Supertronics, Inc., would like to know how the profitability is altered by product mix. Currently, the product mix
Show excel steps and solve the problem:
Supertronics, Inc., would like to know how the profitability is altered by product mix. Currently, the product mix is determined by giving priority to the product with the highest perunit contribution margindefined as the difference between price and material cost Details on the Supertronics product line, including processing time at each workstation, follow: PRODUCT Alpha Beta Delta GammaPrice $ $ $ $Material Cost $ $ $ $Weekly Demand in Units Processing Time at Machine in MinutesProcessing Time at Machine in MinutesProcessing Time at Machine in Minutesa Assume that Supertronics has minutes of capacity available at each workstation each week. Develop a linear program to define the production mix that maximizes contribution margin. b Solve your formulation using a computer package such as POM for Windows. c Given your solution for part b which machine is the bottleneck?
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