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ABC Company manufactures beds and cabinets. Both are processed through assembly and finishing departments. The Assembly department is available for 60 hours in every production period, while the finishing department is available for 48 hours of work. Manufacturing one bed required 4 hours in the assembly and 2 hours in the finishing. Each cabinet requires 2 hours in the assembly and 4 hours in the finishing. One Bed contributes $80 to profit, while a Cabinet contributes $60.  USE SIMPLEX LINEAR PROGRAMMING METHOD IN DETERMINING THE NUMBER OF BEDS AND CABINETS TO BE PRODUCED EACH PRODUCTION

ABC Company manufactures beds and cabinets. Both are processed through assembly and finishing departments. The Assembly department is available for 60 hours in every production period, while the finishing department is available for 48 hours of work. Manufacturing one bed required 4 hours in the assembly and 2 hours in the finishing. Each cabinet requires 2 hours in the assembly and 4 hours in the finishing. One Bed contributes $80 to profit, while a Cabinet contributes $60.  USE SIMPLEX LINEAR PROGRAMMING METHOD IN DETERMINING THE NUMBER OF BEDS AND CABINETS TO BE PRODUCED EACH PRODUCTION

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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ABC Company manufactures beds and cabinets. Both are processed through assembly and finishing departments. The Assembly department is available for 60 hours in every production period, while the finishing department is available for 48 hours of work. Manufacturing one bed required 4 hours in the assembly and 2 hours in the finishing. Each cabinet requires 2 hours in the assembly and 4 hours in the finishing. One Bed contributes $80 to profit, while a Cabinet contributes $60. 

USE SIMPLEX LINEAR PROGRAMMING METHOD IN DETERMINING THE NUMBER OF BEDS AND CABINETS TO BE PRODUCED EACH PRODUCTION PERIOD TO MAXIMIZE PROFIT. SHOW STEP BY STEP PROCESS/SOLUTION.

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