esults in 100 – 99 = 1 foot of trim loss). Orders in hand for the coming week are 5,670 12-foot olls, 1,680 15-foot rolls, and 3,350 30-foot rolls. Any of the three types of rolls produced in excess f the orders in hand will be sold on the open market at the selling price. No inventory is held. a. Formulate an integer programming model that will determine how many 100-foot rolls to cut into each of the five patterns in order to minimize trim loss. b. Solve the model formulated in part (a). What is the minimal amount of trim loss? How many of each pattern should be used and how many of each type of roll will be sold on the open market?
esults in 100 – 99 = 1 foot of trim loss). Orders in hand for the coming week are 5,670 12-foot olls, 1,680 15-foot rolls, and 3,350 30-foot rolls. Any of the three types of rolls produced in excess f the orders in hand will be sold on the open market at the selling price. No inventory is held. a. Formulate an integer programming model that will determine how many 100-foot rolls to cut into each of the five patterns in order to minimize trim loss. b. Solve the model formulated in part (a). What is the minimal amount of trim loss? How many of each pattern should be used and how many of each type of roll will be sold on the open market?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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