A company produces two kinds of products. A product of the first type requires 3 hours of assembly labor, 3/2 hours of testing, and $2.0 worth of raw materials. A product of the second type requires 1 hours of assembly, 1/2 hours of testing, and $1.50 worth of raw materials. Given the current personnel of the company, there can be at most 100 hours of assembly labor and 50 hours of testing each day. Products of the first and second type have a market value of $21 and $18, respectively. 1. Formulate a linear program that maximizes the daily revenue of the company.
A company produces two kinds of products. A product of the first type requires 3 hours of assembly labor, 3/2 hours of testing, and $2.0 worth of raw materials. A product of the second type requires 1 hours of assembly, 1/2 hours of testing, and $1.50 worth of raw materials. Given the current personnel of the company, there can be at most 100 hours of assembly labor and 50 hours of testing each day. Products of the first and second type have a market value of $21 and $18, respectively. 1. Formulate a linear program that maximizes the daily revenue of the company.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
Related questions
Question
100%
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!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Recommended textbooks for you
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON