A factory manufactures two products A and B on three machines X,Y, and Z. Product A requires 10 min of machine X and 5 min of machine Y a one min of machine Z. The requirement of product B is 6 min, 10 min and 2 min of machine X, Y and Z respectively. The profit contribution of products A and B are IQ. 23/- per unit and IQ. 32 /- per unit respectively. In the coming planning period the available capacity of machines X, Y and Z are 2500 min, 2000 min and 500 min respectively. Find the optimal product mix for maximizing the profit.
A factory manufactures two products A and B on three machines X,Y, and Z. Product A requires 10 min of machine X and 5 min of machine Y a one min of machine Z. The requirement of product B is 6 min, 10 min and 2 min of machine X, Y and Z respectively. The profit contribution of products A and B are IQ. 23/- per unit and IQ. 32 /- per unit respectively. In the coming planning period the available capacity of machines X, Y and Z are 2500 min, 2000 min and 500 min respectively. Find the optimal product mix for maximizing the profit.
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...
Related questions
Question

Transcribed Image Text:A factory manufactures two products A and B on three machines X, Y, and Z. Product A
requires 10 min of machine X and 5 min of machine Y a one min of machine Z. The
requirement of product B is 6 min, 10 min and 2 min of machine X, Y and Z respectively. The
profit contribution of products A and B are IQ. 23/- per unit and IQ. 32 /- per unit
respectively. In the coming planning period the available capacity of machines X, Y and Z are
2500 min, 2000 min and 500 min respectively. Find the optimal product mix for
maximizing the profit.
7
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 with 3 images

Recommended textbooks for you

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education


Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning

Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.