Please answer very soon will give rating surelyAll questions answers needed ProductCutting HoursFinishing Hours8.15Maximum hours available300350Requireda. Formulate an LP problemb. Solve by using graphic method to determine the number of units of A and Bto be produced to maximize the contributionc. State the maximum contribution obtained by your solutiond. compute slack and surplus for each of the constraintse. identify binding and non-binding constraintsf. compute shadow price for the binding constraints8. A manufacturing company produces two products A and B, the cost data are as under:A(Sh.)B(Sh.)Selling Price180200Direct materials3080Direct labor4030Variable overheads2020Each product under goes on operation in two departments, Viz, cutting and finishingbefore it emerges as a finished product. The unit time taken by the products and themaximum available hours in the cutting and finishing operations are givenbelow:

From the given data, Total cost in producing each unit of product= Cost of material used in each…

Each product under goes on operation in two departments, Viz, cutting and finishin. before it emerges as a finished product. The unit time taken by the products and the maximum available hours in the cutting and finishing operations are given below:

Each product under goes on operation in two departments, Viz, cutting and finishin. before it emerges as a finished product. The unit time taken by the products and the maximum available hours in the cutting and finishing operations are given below:

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

Please answer very soon will give rating surely

All questions answers needed

Product
Cutting Hours
Finishing Hours
8.
15
Maximum hours available
300
350
Required
a. Formulate an LP problem
b. Solve by using graphic method to determine the number of units of A and B
to be produced to maximize the contribution
c. State the maximum contribution obtained by your solution
d. compute slack and surplus for each of the constraints
e. identify binding and non-binding constraints
f. compute shadow price for the binding constraints
8.

A manufacturing company produces two products A and B, the cost data are as under:
A(Sh.)
B(Sh.)
Selling Price
180
200
Direct materials
30
80
Direct labor
40
30
Variable overheads
20
20
Each product under goes on operation in two departments, Viz, cutting and finishing
before it emerges as a finished product. The unit time taken by the products and the
maximum available hours in the cutting and finishing operations are given
below:

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