Topic: Management Science, Linear Programming Graphical Method Toy Mania manufactures two toy doll models: Space Trooper and
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Topic: Management Science, Linear Programming Graphical Method
Toy Mania manufactures two toy doll models: Space Trooper and Sea Zippers.
The operations has resources are limited to 1000 pounds of special plastic 40 hours of production time per week.
They also have a Marketing requirement
- Total production cannot exceed 700 dozens.
- Number of dozens of Space Troopers cannot exceed number of dozens of Sea Zippers by more than 350.
For every dozen of Space Troopers it requires 2 pounds of plastic and 3 minutes of labor per dozen. Sea Zippers requires 1 pound of plastic and 4 minutes of labor per dozen.
The current production plan of the business calls for:
- Producing as much as possible of the more profitable product, Space Troopers ($8 profit per dozen).
- Use resources left over to produce Sea Zippers ($5 profit per dozen), while remaining within the marketing guidelines.
The current production plan consists of:
- Space Troopers = 450 dozen
- Sea Zippers = 100 dozen
- Profit = $4100 per week = 8(450) + 5(100)
Management is seeking a production schedule that will increase the company's profit.
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