A company makes two products (A and B). Each product requires time on two machines 1 and 2. the specifications for each product are as follows Product A Product B Processing time on machine 1 (hrs/unit) Processing time on machine 2 (hrs/unit) Material and labor cost (Sh./ unit) Selling price (Sh./ unit) Maximum possible sale (units) 2 2 2 1 14 15 16 18 130 150 The amount of time available on machine 1 is 360 hrs and on machine 2 is 260 hrs. Using simplex method determine the number of product A and B, which should be sold in order to maximize total contribution for the company.
A company makes two products (A and B). Each product requires time on two machines 1 and 2. the specifications for each product are as follows Product A Product B Processing time on machine 1 (hrs/unit) Processing time on machine 2 (hrs/unit) Material and labor cost (Sh./ unit) Selling price (Sh./ unit) Maximum possible sale (units) 2 2 2 1 14 15 16 18 130 150 The amount of time available on machine 1 is 360 hrs and on machine 2 is 260 hrs. Using simplex method determine the number of product A and B, which should be sold in order to maximize total contribution for the company.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:A company makes two products (A and B). Each product requires time on two
machines 1 and 2. the specifications for each product are as follows
Product A
Product B
Processing time on machine 1 (hrs/unit)
Processing time on machine 2 (hrs/unit)
Material and labor cost (Sh./ unit)
Selling price (Sh./ unit)
Maximum possible sale (units)
2
1
2
14
15
16
18
130
150
The amount of time available on machine 1 is 360 hrs and on machine 2 is 260
hrs. Using simplex method determine the number of product A and B, which
should be sold in order to maximize total contribution for the company.
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