1- Formulate the following LP problem A company produces both exterior and interior house paints. Two raw materials A and B are used for manufacturing the paints. A B The daily requirements of A and B in tons for the two types of paints are given below Requirement per Availability ton of paint (tons) Exterior 1 2 Interior 2 1 6 8 The factory has capacity to produce a maximum of 3 tons of exterior and two tons of interior paints per day. The price per ton of exterior and interior paints are Rs 15,000 and Rs 10,000 respectively. Determine how much quantity of these paints should be produced per day in order to maximize the sales.
1- Formulate the following LP problem A company produces both exterior and interior house paints. Two raw materials A and B are used for manufacturing the paints. A B The daily requirements of A and B in tons for the two types of paints are given below Requirement per Availability ton of paint (tons) Exterior 1 2 Interior 2 1 6 8 The factory has capacity to produce a maximum of 3 tons of exterior and two tons of interior paints per day. The price per ton of exterior and interior paints are Rs 15,000 and Rs 10,000 respectively. Determine how much quantity of these paints should be produced per day in order to maximize the sales.
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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