a. How many air conditioners should be produced to get the maximized profit? b. How many fans should be produced to get the maximized profit? c. How much is the maximized profit?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter3: Introduction To Optimization Modeling
Section: Chapter Questions
Problem 1C
icon
Related questions
Question

The ABC Company manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 375 hours of wiring time are available and up to 180 hours of drilling time may be used. Each air conditioner sold yields a profit of $35. Each fan assembled may be sold for a $25 profit. Formulate and solve this LP production mix situation to find the best combination of air conditioners and fans that yields the highest profit. Use the corner point graphical approach.

 

a. How many air conditioners should be produced to get the maximized profit?

b. How many fans should be produced to get the maximized profit?

c. How much is the maximized profit?

Expert Solution
steps

Step by step

Solved in 2 steps with 6 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,