An operator that manufactures only two commodities, shirts and coats, the production manager wants to maximize profit and reduce cost within the limitations, restrictions, and available resources. The following table shows all the numbers related to this: The quantity consumed coat X 20 30 4 8 shirt y 10 20 20 4 20 Available resources fabric 200 strings shearing Profit from selling each unit Operational cost per unit Required: Show the steps to the solution not just the final answers. 10 500 100 Determine the amount of production that generates the greatest possible profit? vod?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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An operator that manufactures only two commodities, shirts and coats, the
production manager wants to maximize profit and reduce cost within the
limitations, restrictions, and available resources. The following table shows
all the numbers related to this:
The quantity
consumed
Available resources
fabric
200
strings
500
shearing
100
Profit from selling each
unit
Operational cost per
unit
Required: Show the steps to the solution, not just the final answers.
Determine the amount of production that generates the greatest
possible profit?
Determine the value of the maximum profit that can be achieved?
Determine the amount of production that generates the lowest
possible cost?
Determine the lowest achievable cost?
Draw the lines representing the constraints and their coordinates, then
mark the points of intersection, and define the solution area? It is a
good idea to use the program for drawing, solving and determining
coordinates as a GeoGebra assistant
coat X
20
30
4
8
20
shirt y
10
20
20
4
10
Transcribed Image Text:An operator that manufactures only two commodities, shirts and coats, the production manager wants to maximize profit and reduce cost within the limitations, restrictions, and available resources. The following table shows all the numbers related to this: The quantity consumed Available resources fabric 200 strings 500 shearing 100 Profit from selling each unit Operational cost per unit Required: Show the steps to the solution, not just the final answers. Determine the amount of production that generates the greatest possible profit? Determine the value of the maximum profit that can be achieved? Determine the amount of production that generates the lowest possible cost? Determine the lowest achievable cost? Draw the lines representing the constraints and their coordinates, then mark the points of intersection, and define the solution area? It is a good idea to use the program for drawing, solving and determining coordinates as a GeoGebra assistant coat X 20 30 4 8 20 shirt y 10 20 20 4 10
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