Answered: Fashion Fun makes 2 types of high end…

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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Question

Transcribed Image Text:Fashion Fun makes 2 types of high end sneakers for toddlers, "Run-It-Out" brand and Jump-It-Out" brand. Manufacturing times for each set of sneakers is given below: Run-It-Out Jump-It-Out Total Hours Available Molding Time 2 4 39 Assembly Time 44 Accessory Time 3 34 The profit for the Run-It-Out brand is 85 per pair sold and the profit for Jump-lt-Out is $150 per pair sold FORMULATE the linear programming problem using the above data. Do NOT solve the problem. Be sure to define the decision variables, objective function, and all constraints.

Expert Solution

Step 1

Decision Variable:

$S u p p o s e - X b e t h e n o . o f' R u n - I n - O u t' b r a n d s n e a k e r t o m a n u f a c t u r e Y b e t h e n o . o f' J u m p - I n - O u t' b r a n d s n e a k e r t o m a n u f a c t u r e$