factory manufactures three products, A, B, and C. Each product requires the use of two machines, Machine I and Machine II. The total hours available, respectively, on Machine I and Machine II per month are 5,690 and 10,700. The time requirements and profit per unit for each product are listed below. A B с Machine 39 7 Machine II 10 9 16 Profit $8 $14 $20 How many units of each product should be manufactured to maximize profit, and what is the maximum profit? Start by setting up the linear programming problem, with A, B, and C representing the number of units of each product that are produced. Maximize P subject to: = Enter the solution below. If needed round numbers of items to 1 decimal place and profit to 2 decimal places. The maximum profit is $ ≤ 5,690 ≤ 10,700 units of product A units of product B units of product C when the company produces:

factory manufactures three products, A, B, and C. Each product requires the use of two machines, Machine I and Machine II. The total hours available, respectively, on Machine I and Machine II per month are 5,690 and 10,700. The time requirements and profit per unit for each product are listed below. A B с Machine 39 7 Machine II 10 9 16 Profit $8 $14 $20 How many units of each product should be manufactured to maximize profit, and what is the maximum profit? Start by setting up the linear programming problem, with A, B, and C representing the number of units of each product that are produced. Maximize P subject to: = Enter the solution below. If needed round numbers of items to 1 decimal place and profit to 2 decimal places. The maximum profit is $ ≤ 5,690 ≤ 10,700 units of product A units of product B units of product C when the company produces:

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter12: Integer Linear Optimization_models

Section: Chapter Questions

Problem 6P: Hart Manufacturing makes three products. Each product requires manufacturing operations in three...

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FUT manufactures two products.. Both products require manufacturing operations in two departments: Product 1 2 Profit/Unit $25 $20 Labour Hours Dept. A 6 8 Labour Hours Dept. B 12 10 For the coming production period, FUT has available 900 hours of labor that can be allocated to either of the two departments. Find the production plan and labor allocation (hours assigned in each department) that will maximize profit. (Use Excel Solver)
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