Q2) A firm produces three products. These products are processed on three different machines. The time...
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Q2) A firm produces three products. These products are processed on three different machines. The time required to manufacture one unit of each of the three products and the daily capacity of the three machines are given in the table Machine M1 M2 M3 Time per unit (minutes) Product 2 Product 1 Product 3 5 2 4 Machine capacity (minutes/day) 600 560 500 3 5 4 2 It is required to determine the daily number of units to be manufactured for each product. The profits for unit for product 1, 2 and 3 are Rs. 12, 15 & 10 respectively. It is assumed that all the amounts produced are consumed in the market. Formulate the LPP model that will maximize the daily profit 1 Q2) A firm produces three products. These products are processed on three different machines. The time required to manufacture one unit of each of the three products and the daily capacity of the three machines are given in the table Machine M1 M2 M3 Time per unit (minutes) Product 2 Product 1 Product 3 5 2 4 Machine capacity (minutes/day) 600 560 500 3 5 4 2 It is required to determine the daily number of units to be manufactured for each product. The profits for unit for product 1, 2 and 3 are Rs. 12, 15 & 10 respectively. It is assumed that all the amounts produced are consumed in the market. Formulate the LPP model that will maximize the daily profit 1
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let x x and X be the number of units to be manufactured A products 1 2 3 respectively absorbed ... View the full answer
Related Book For
Forensic Accounting
ISBN: 978-0133050479
1st Edition
Authors: Robert Rufus, Laura Miller, William Hahn
Posted Date:
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