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A company makes 3 products P1, P2, and P3. Each product also uses two raw materials R1 and R2 according to this table. Also unit revenue and unit cost are indicated in table. product R1 R2 Revenue Cost PI 3 110 60 P2 2 80 40 6 190 80 3 P3 4 Total 1500 1600 For product P3 they must rent a special machine for a fixed cost of $500. Formulate the LP (integer solutions) in LPsolve syntax that will maximize the com- pany profit. As usual start by clearly describing your decision variables.

A company makes 3 products P1, P2, and P3. Each product also uses two raw materials R1 and R2 according to this table. Also unit revenue and unit cost are indicated in table. product R1 R2 Revenue Cost PI 3 110 60 P2 2 80 40 6 190 80 3 P3 4 Total 1500 1600 For product P3 they must rent a special machine for a fixed cost of $500. Formulate the LP (integer solutions) in LPsolve syntax that will maximize the com- pany profit. As usual start by clearly describing your decision variables.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A company makes 3 products P1, P2, and P3. Each product also uses two raw materials R1 and R2 according to this table. Also unit revenue and unit cost are indicated in table. product R1 PI 3 P2 2 P3 6 Total 1500 1600 For product P3 they must rent a special machine for a fixed cost of $500. R2 Revenue 4 110 3 80 4 190 80 Cost 60 40 Formulate the LP (integer solutions) in LPsolve syntax that will maximize the com- pany profit. As usual start by clearly describing your decision variables.
Transcribed Image Text:A company makes 3 products P1, P2, and P3. Each product also uses two raw materials R1 and R2 according to this table. Also unit revenue and unit cost are indicated in table. product R1 PI 3 P2 2 P3 6 Total 1500 1600 For product P3 they must rent a special machine for a fixed cost of $500. R2 Revenue 4 110 3 80 4 190 80 Cost 60 40 Formulate the LP (integer solutions) in LPsolve syntax that will maximize the com- pany profit. As usual start by clearly describing your decision variables.
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