A widget manufacturer has the capability of making three types of widgets. Type A widgets require 14 minutes on a lathe, 2 minutes on a grinder, and 2 minutes on adrill press, and produce a profit of $5. Type B widgets require 8 minutes on a lathe, 7 minutes on a grinder, and 2 minutes on a drill press, and produce a profit of $25.Type C widgets require 4 minutes on a lathe, 4 minutes on a grinder, and 8 minutes on a drill press, and produce a profit of $30. Each day, 620 minutes of lathe time,530 minutes of grinder time, and 220 minutes of drill press time are available. How many of each type of widget should be produced each day to maximize theprofit? What is the maximum profit?The maximum profit is $This occurs when the manufacturer makes. type A widgets,type B widgets, andtype C widgets each day.(Simplify your answers)

Given that Type Lathe (min) Grinder (min) Drill Press (min) A 14 2 2 B 8 7 2 C 4 4 8 Let…

Answered: A widget manufacturer has the…

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 wishes to produce two types of souvenirs: Type A and Type B. Each Type A souvenir will result in a profit of $1, and each Type B souvenir will result in a profit of $1.20. To manufacture a Type A souvenir requires 2 minutes on Machine I and 1 minute on Machine II. A Type B souvenir requires 1 minute on Machine I and 3 minutes on Machine II. There are 3 hours available on Machine I and 5 hours available on Machine II. (a) The optimal solution holds if the contribution to the profit of a Type B souvenir lies between $  and $  . (Enter your answers from smallest to largest.)(b) Find the contribution to the profit of a Type A souvenir (with the contribution to the profit of a Type B souvenir held at $1.20), given that the optimal profit of the company will be $208.80.$ (c) What will be the optimal profit of the company if the contribution to the profit of a Type B souvenir is $2.00 (with the contribution to the profit of a Type A souvenir held at $1.00)?$
Kane Manufacturing has a division that produces two models of grates, model A and model B. To produce each model A grate requires 3 pounds of cast iron and 6 minutes of labor. To produce each model B grate requires 4 pounds of cast iron and 3 minutes of labor. The profit for each model A grate is $1.75, and the profit for each model B grate is $1.25. Available for grate production each day are 1000 pounds of cast iron and 20 labor-hours. Because of an excess inventory of model A grates, management has decided to limit the production of model A grates to no more than 180 grates per day. Maximize      P = 1.75x + 1.25y subject to   3x + 4y ≤ 1000      Resource 1 6x + 3y ≤ 1200 Resource 2 x ≤ 180 Resource 3 y ≥ 0 x ≥ 0 (a) Find the shadow price for Resource 2. (Round your answer to the nearest cent.)$ (b) Identify the binding and nonbinding constraints. constraint 1          constraint 2     constraint 3
Kane Manufacturing has a division that produces two models of grates, model A and model B. To produce each model A grate requires 3 pounds of cast iron and 6 minutes of labor. To produce each model B grate requires 4 pounds of cast iron and 3 minutes of labor. The profit for each model A grate is $2.00, and the profit for each model B grate is $1.50. Available for grate production each day are 1000 pounds of cast iron and 20 labor-hours. Because of an excess inventory of model A grates, management has decided to limit the production of model A grates to no more than 180 grates per day. Maximize      P = 2x + 1.5y subject to   3x + 4y ≤ 1000      Resource 1 6x + 3y ≤ 1200 Resource 2 x ≤ 180 Resource 3 y ≥ 0 x ≥ 0 (a) Find the shadow price for Resource 2. (Round your answer to the nearest cent.)$  (b) Identify the binding and nonbinding constraints. constraint 1           constraint 2      constraint 3
A small company manufactures three different electronic components for computers. Component A requires 2 hours of fabrication and 1 hour of assembly; component B requires 3 hours of fabrication and 1 hour of assembly; and component C requires 2 hours of fabrication and 2 hours of assembly. The company has up to 900 labor-hours of fabrication time and 700 labor-hours of assembly time available per week. The profit on each component, A, B, and C, is $7, $8, and $10, respectively. How many components of each type should the company manufacture each week in order to maximize its profit (assuming that all components manufactured can be sold)? What is the maximum profit? Let x₁, x2, and x3 be the numbers of components A, B, and C, respectively, that get manufactured. Construct a mathematical model in the form of a linear programming problem. Maximize P=[ subject to X1, X₂, X3 20 The company should manufacture (Simplify your answers.) Fabrication time restriction Assembly time restriction…
A carpenter builds bookshelves and tables for a living. Each bookshelf takes one box of screws, two 2 ✕ 4's, and three sheets of plywood to make. Each table takes two boxes of screws, four 2 ✕ 4's, and four sheets of plywood. The carpenter has 80 boxes of screws, 145 2 ✕ 4's, and 170 sheets of plywood on hand. In order to maximize their profit using these materials on hand, the carpenter has determined that they must build 12 shelves and 29 tables. How many of each of the materials (boxes of screws, 2 ✕ 4's, and sheets of plywood) are leftover, when the carpenter builds 12 shelves and 29 tables? The carpenter has boxes of screws, 2 ✕ 4's, and sheets of plywood leftover.
Suppose that a small company produces two different models of kayaks. A larger model and smaller model. The larger model requires 2 hours of manufacturing, 2 hours for assembly and 3 hours for packaging. The smaller model requires 2 hours for manufacturing, 1 hour for assembly and 2 hours for packaging. Each week the company has 120 hours available for manufacturing, 80 hours available for assembly and 132 hours available for packaging. If the company makes a profit of $75 for each of the larger model manufactured and profit of $60 for each smaller model manufactured, how many of each model should the company produce in order to maximize profit ?
Sweet-Fit jeans has a factory that makes two styles of jeans; Super-Fit and Super-Hug. Each pair of Super- Fit takes 12 minutes to cut and 30 minutes to sew and finish. Each pair of Super-Hug takes 12 minutes to cut and 40 minutes to sew and finish. The plant has enough workers to provide at most 12,599 minutes per day for cutting and at most 37,999 minutes per day for sewing and finishing. The profit on each pair of Super-Fit is $6.00 and the profit on each pair of Super-Hug is $7.00. How many pairs of each style should be produced per day to obtain maximum profit? Find the maximum daily profit. (Use x for Super-Fit and y for Super-Hug.) Maximize P = < 12,599 ≤37,999 Maximum profit is $ subject to Enter the solution to the simplex matrix below. If there is no solution enter 'DNE' in the boxes below. If more than one solution exists, enter only one of the multiple solutions below. If needed round jeans to 1 decimal place and profit to 2 decimal places. Number of Super-Fit jeans to…

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