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Costs at plants Plant 1 Plant 2 Plant 3 Fixed cost $80,000 $60,000 $50,000 Variable cost $20 $25 $30 Production capacities 11,000 10,000 9,000

Costs at plants Plant 1 Plant 2 Plant 3 Fixed cost $80,000 $60,000 $50,000 Variable cost $20 $25 $30 Production capacities 11,000 10,000 9,000

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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Spencer Electric ships 17,000 capacitors per month to its customers. The capacitors can be produced at three different plants. The production capacity, fixed monthly cost of operation, and variable cost of producing a capacitor at each plant. The fixed cost for a plant is incurred only if the plant is used to make any capacitors. If a plant is used at all, at least 7500 capacitors per month must be produced at the plant. Determine how to minimize the company’s monthly costs of meeting its customers’ demands.

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Costs at plants Plant 1 Plant 2 Plant 3 Fixed cost $80,000 $60,000 $50,000 Variable cost $20 $25 $30 Production capacities 11,000 10,000 9,000
Transcribed Image Text:Costs at plants Plant 1 Plant 2 Plant 3 Fixed cost $80,000 $60,000 $50,000 Variable cost $20 $25 $30 Production capacities 11,000 10,000 9,000
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