A company produces two types of can openers: Model I and Model 2. Each require the use of three machines: A, B and C. Model I requires 2 hours on machine A, 1 hour on machine B and 1 hour on machine C. Model II requires 1 hour on machine A, 2 hours on machine B and 1 hour on machine C.The maximum number of hours available for machine A, B and C are 180, 160 and 100 respectively. The profit on Model I is $4 and Model Il is $6. Write down the LP model. Identify the coordinates of the extreme points of the feasible region,
A company produces two types of can openers: Model I and Model 2. Each require the use of three machines: A, B and C. Model I requires 2 hours on machine A, 1 hour on machine B and 1 hour on machine C. Model II requires 1 hour on machine A, 2 hours on machine B and 1 hour on machine C.The maximum number of hours available for machine A, B and C are 180, 160 and 100 respectively. The profit on Model I is $4 and Model Il is $6. Write down the LP model. Identify the coordinates of the extreme points of the feasible region,
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![- 16 (10%) (page 2 of 3)- Google Chrome
urses.open.uwi.edu/mod/quiz/attempt.php?attempt3D43724&cmid3D461748&page=D1
Exchange 2020
12015 Mathematical Methods of
Economics I | S2 20
Ensure that you show ALL workings. Graphs NOT required.
n tyn-
A company produces two types of can openers: Model I and Model 2. Each require the use of three
machines: A, B and C. Model I requires 2 hours on machine A, 1 hour on machine B and 1 hour on machine
C. Model II requires 1 hour on machine A, 2 hours on machine B and 1 hour on machine C.The maximum
number of hours available for machine A, B and C are 180, 160 and 100 respectively. The profit on Model I is
$4 and Model Il is $6.
on
Write down the LP model.
Identify the coordinates of the extreme points of the feasible region.
Paragraph
-BIEE
W
99+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe63b9495-8457-4db6-b3fb-fb5ac3a4059c%2F960464d2-7041-4bf3-a8be-ffe3455a648b%2Fz3fzt8v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:- 16 (10%) (page 2 of 3)- Google Chrome
urses.open.uwi.edu/mod/quiz/attempt.php?attempt3D43724&cmid3D461748&page=D1
Exchange 2020
12015 Mathematical Methods of
Economics I | S2 20
Ensure that you show ALL workings. Graphs NOT required.
n tyn-
A company produces two types of can openers: Model I and Model 2. Each require the use of three
machines: A, B and C. Model I requires 2 hours on machine A, 1 hour on machine B and 1 hour on machine
C. Model II requires 1 hour on machine A, 2 hours on machine B and 1 hour on machine C.The maximum
number of hours available for machine A, B and C are 180, 160 and 100 respectively. The profit on Model I is
$4 and Model Il is $6.
on
Write down the LP model.
Identify the coordinates of the extreme points of the feasible region.
Paragraph
-BIEE
W
99+
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