A calculator company produces a scientific calculator and a graphing calculator. Long term projections indicate an expected demand of at least 100 scientific and 80 graphing calculators each day. Because of limitations on production capacity, no more than 200 scientific and 170 graphing calculators can be made daily. To satisfy a shipping contract, a total of at least 200 calculators must be shipped each day. If each scientific calculator sold results in a $2 profit, but each graphing calculator produces a $5 profit, how many of each type should be made daily to maximize net profits? 1. Formulate an LP Model (show the complete model formulation) Get the: Decisions Variable Objective Function Constraints 2. Show the Graphical Solution

A calculator company produces a scientific calculator and a graphing calculator. Long term projections indicate an expected demand of at least 100 scientific and 80 graphing calculators each day. Because of limitations on production capacity, no more than 200 scientific and 170 graphing calculators can be made daily. To satisfy a shipping contract, a total of at least 200 calculators must be shipped each day. If each scientific calculator sold results in a $2 profit, but each graphing calculator produces a $5 profit, how many of each type should be made daily to maximize net profits? 1. Formulate an LP Model (show the complete model formulation) Get the: Decisions Variable Objective Function Constraints 2. Show the Graphical Solution

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

See similar textbooks

Related questions

Q: Use the Inventory Control information above to answer this question. Using the calculations above,…

Q: 2. A 2000-kg spacecraft is in orbit around the Earth at a distance of 20,000 km from the center of…

Q: A fast moving item has a demand of 18000 units/year. The cost of one procurement is Rs. 50 and…

Q: A dealer of white goods buys washing machines from Arçelik. In their next order, they plan to buy…

A: a) Machine 1: (of total 9250TL)Machine 2 :(of total 7483TL)b) Of maximum 23000TL :

Q: Calculate the annual insurance fee, $/year

A: Initial cost = $300000rate = 5 %

Q: a) How much energy does it take to accelerate a vehicle of mass 4390 kg from stationary to 38 m/s?…

Q: Nestle Ltd. produces its premium plant food in 50 Kg bags. Demand is 100,000 Kgs. per week and the…

A: Given:Demand rate, Production rate, Set up cost, Annual holding cost, Number of weeks per year,

Q: large company is planning to purchase equipment costing $220,000 and will depreciate it fully using…

A: cashflow before tax = 54,000+25x ((where X is the number of uses per year). Depreciation =…

Q: A factory manager is planning for the manufacture of plywood to be sold overseas. The fixed cost of…

Q: Part a) Determine the power in hp delivered by the motor when the elevator is moving down at a…

Q: The Pinewood Furniture Company produces chairs and tables from two resourceslabor and wood. The…

A: Given 80 hours of labour 36 pound s of woods available each day Demand of chair 6 per day Chair…

Q: A) List at least five real-world applications related to the techniques/methods learned in strain…

A: A ) Guidelines to drawback resolution and deciding Much of what folks do is solve issues and build…

Q: A wind turbine generates power by transferring the kinetic energy of the wind to rotational energy…

A: Given:Wind inlet velocity, V1=7 m/sWind exit velocity, V2=1.75 m/sBlade diameter of wind turbine,…

Question

A calculator company produces a scientific calculator
and a graphing calculator. Long term projections
indicate an expected demand of at least 100 scientific
and 80 graphing calculators each day. Because of
limitations on production capacity, no more than 200
scientific and 170 graphing calculators can be made
daily. To satisfy a shipping contract, a total of at least
200 calculators must be shipped each day. If each
scientific calculator sold results in a $2 profit, but each
graphing calculator produces a $5 profit, how many of
each type should be made daily to maximize net
profits?
1. Formulate an LP Model
(show the complete model formulation)
Get the:
● Decisions Variable
● Objective Function
Constraints
●
2. Show the Graphical Solution

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

Step 2

Step 3

Step 4

Trending now

This is a popular solution!

Step by step

Solved in 4 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, mechanical-engineering and related others by exploring similar questions and additional content below.

Similar questions

Q1(A) At a carnival, a daredevil rides a motorcycle around and around the "wall of death," a wooden cylinder with vertical walls. The radius of the cylinder is R = 5.0m, and the coefficient of static friction between the motorcycle's tires and the walls is us = 0.90. a) Draw a force diagram for the motorcycle. b) What is the minimum speed at which the motorcycle can ride in a horizontal circle without sliding down to the bottom? Q1(B) An elevator and its load have a combined mass of 1100kg, and is suspended from a strong metal cable. The elevator is initially moving upward at 7.00m/s; it slows to a stop with a constant acceleration in a distance of 20.0m. What is the tension T in the elevator cable during this process?
1 Js A product is made to stock. Annual demand is 10000 units. One unit of product costs $10 and the holding cost rate= 20%/year. Setting up to produce a batch of products requires changeover of equipment, which takes n hr. The cost of equipment downtime plus labor $50/hr. Knowing that the economic order quantity (EOQ)=2000 pieces, determine the number of hour n Ch = holding cost; Csu=cost of setting up; and Da=annual demand. Determine the number of orders for one year = Number of orders for one year
Which of the following statements is correct? O Manufactured capital represents industrial capacity, institutions, roads, built environment, financial wealth (GDP). Human capital represents clean atmosphere, fresh water, fertile land, productive oceans, accessible minerals, and fossil energy. Natural capital represents health, education, skills, technical expertise, accumulated knowledge, happiness. Strong sustainability is growth in two of the three capitals, weak sustainability is all capitals are diminished. O Manufactured capital represents clean atmosphere, fresh water, fertile land, productive oceans, accessible minerals, and fossil energy. Human capital represents health, education, skills, technical expertise, accumulated knowledge, happiness. Natural capital represents industrial capacity, institutions, roads, built environment, financial wealth (GDP). Strong sustainability is growth in two of the three capitals, weak sustainability is the capitals are unaffected. O…
1
A toy factory is planning to make an additional item, which would be processed in 4 departments. The company is proposing to produce 600,000 units per year, working 250 days per year. The estimates of times made by an industrial engineer are in the table: Departments Times 1 2 3 4 Average processing time (second/part) 8 13 10 50 Average maintenance, time/day (minutes) 20 30 20 15 Average daily setup, time (minutes) 20 15 30 20 Average bookkeeping, time/day (minutes) 10 8 12 5 Machine adjustment, time/day (minutes) 15 10 15 15 Defective items, (% of production) 5 6 4 4 The parts are produced within the departments in a sequential manner (from department 1 to 2 to 3 to 4). Determine the efficiency of each departmental operation if only one shift is operated between 7:30 am-4:30 pm, with a 40 minute lunchbreak and two 10 minute coffee breaks.
How did they get these answers for b) and c) ?
A company wants to produce a weighted moving average forecast for April with the weights 0.40, 0.35, and 0.25 assigned to March, February, and January respectively. If the company had demands of 5,000 in January, 4,750 in February, and 5,200 in March, then April's forecast is 4983.33 4992.50 4962.50 O5000.00