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MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Th have $150,000 available to purchase additional equipment and 250 square feet of floor space to install the new equipment. They can purchase a lathe, a press, a grinder, a metal bender, a shearing table, or some combination of the above. The company can only purchase one of each item, but they Manufacturing Company is looking to expand their production capabilities. They may purchase as many of items as they can afford. The cost and square footage for each machine is detailed in the table below. Name Cost Square Footage Lathe (x1) $45,000 50 sq ft Press (x2) $65,000 80 sq ft Grinder (x3) $30,000 120 sq ft Metal Bender (x4) $75,000 70 sq ft Shearing Table (x5) $15,000 80 sq ft The company estimates they can generate a profit each day from each piece of equipment of $800 from the lathe, $600 from the press, $1,400 from the grinder, $1.200 from the metal bender, and $400 from the shearing table. Unfortunately, the manufacturing company only has the safety permit to install the lathe or metal bender so both of those can not be installed. Will the Decision Variables in this problem be continuous, binary, integers, or is there not enough information to determine? Binary O Continuous Integers O Not enough information to determine
Transcribed Image Text:Th have $150,000 available to purchase additional equipment and 250 square feet of floor space to install the new equipment. They can purchase a lathe, a press, a grinder, a metal bender, a shearing table, or some combination of the above. The company can only purchase one of each item, but they Manufacturing Company is looking to expand their production capabilities. They may purchase as many of items as they can afford. The cost and square footage for each machine is detailed in the table below. Name Cost Square Footage Lathe (x1) $45,000 50 sq ft Press (x2) $65,000 80 sq ft Grinder (x3) $30,000 120 sq ft Metal Bender (x4) $75,000 70 sq ft Shearing Table (x5) $15,000 80 sq ft The company estimates they can generate a profit each day from each piece of equipment of $800 from the lathe, $600 from the press, $1,400 from the grinder, $1.200 from the metal bender, and $400 from the shearing table. Unfortunately, the manufacturing company only has the safety permit to install the lathe or metal bender so both of those can not be installed. Will the Decision Variables in this problem be continuous, binary, integers, or is there not enough information to determine? Binary O Continuous Integers O Not enough information to determine
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