Green Vehicle Inc., manufactures electric cars and small delivery trucks. It has just opened a new factory where the C1 car and the T1 truck can both bemanufactured. To make either vehicle, processing in the assembly shop and in the paint shop are required. It takes 1/25 of a day and 1/75 of a day to paint atruck of type T1 and a car of type C1 in the paint shop, respectively. It takes 1/50 of a day to assemble either type of vehicle in the assembly shop.AT1 truck and a C1 car yield profits of $325 and $250, respectively, per vehicle sold.The aim of the objective function for Green Vehicle Inc. should be to Maximize the objective value.The optimum solution is:Number of trucks to be produced per day = 12.50 (round your response to two decimal places).Number of cars to be produced per day = 37.50 (round your response to two decimal places).Optimal solution value =(round your response to two decimal places).

Green Vehicle Inc. aims to maximize the objective value, which in this case is the total profit from…

Answered: Green Vehicle Inc., manufactures…

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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