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How many machines of each class must the company purchase to reach its target

How many machines of each class must the company purchase to reach its target

Practical Management Science
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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TOPIC: LINEAR PROGRAMMING (CASE WITH MORE THAN TWO VARIABLES FOR SIMPLEX METHOD)
A company is considering the acquisition of additional machinery as part of a capital expansion program.
expansion program. Four types of machines are being considered. The following table specifies the attributes pertinent
to each of them:

[Table]
The total budget for the program is $6,000,000.00 and the maximum space available is 290 square meters.
square meters. The company wants to maximize the production that will be achieved in the purchase of the new machines.
A) How many machines of each class must the company purchase to reach its target?

Attribute Cost Square meters required Daily production (in units) A 500,000 20 30,000 Machine B 300,000 15 20,000 с 600,000 25 40,000 D 800,000 28 50,000
Transcribed Image Text:Attribute Cost Square meters required Daily production (in units) A 500,000 20 30,000 Machine B 300,000 15 20,000 с 600,000 25 40,000 D 800,000 28 50,000
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