Heller Manufacturing has two production facilities that manufacture baseball gloves. Production costs at the two facilities differ because of varying labor rates, local property taxes, type ofequipment, capacity, and so on. The Dayton plant has weekly costs that can be expressed as a function of the number of gloves producedTCD(X) = x2 - X + 3where X is the weekly production volume in thousands of units and TCD(X) is the cost in thousands of dollars. The Hamilton plant's weekly production costs are given byTCH(Y) = y2 + 2Y + 2where Y is the weekly production volume in thousands of units and TCH(Y) is the cost in thousands of dollars. Heller Manufacturing would like to produce 5,000 gloves per week at the lowestpossible cost.(a) Formulate a mathematical model that can be used to determine the optimal number of gloves to produce each week at each facility.mins.t.= 5X, Y 2 0(b) Use Excel Solver or LINGO to find the solution to your mathematical model to determine the optimal number of gloves to produce at each facility. What is the optimal solution value (indollars)?$at (X, Y) =

Given data: TCD(X) = X2-X+3 TCH(Y)=Y2+2Y+2 5000 gloves per week production

Answered: Heller Manufacturing has two production…

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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