A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for molding, two minutes per unit for painting, and one minute for packing
Product B requires two minutes per unit for molding, four minutes for painting, and three minutes per unit for packing. There will be 600 minutes available for molding, 600 minutes for painting, and 420 minutes for packing. Both products have contributions of $1.50 per unit.
a. Algebraically state the objective and constraints of this problem.
b. Plot the constraints on the grid below and identify the feasible region.
The objective of the problem is to maximize 1.50A + 1.50B,
The constraints are 3A + 2B ? 600, 2A + 4B ? 600, 1A + 3B ? 420, and A,B ? 0. The plot and feasible region appear in the graph below.
You might also like to view...
Firm performance is not just a function of a company’s own actions but must also be understood with relation to the actions of what major external business force?
A. Labor force B. Customers C. The economy D. Competition E. Society
The Sarbanes-Oxley Act contains provisions for prosecuting U.S. firms that bribe foreign officials
Indicate whether the statement is true or false
The proponents of feminist legal theory argue that women should have superior rights to men in
some circumstances due to the past unequal treatment of women. Indicate whether the statement is true or false
Discuss the various measures of product availability
What will be an ideal response?