) John's Locomotive Works manufactures a model locomotive. It comes in two versions--a standard (X1), and a deluxe (X2). The standard version generates $250 per locomotive for the standard version, and $370 per locomotive for the deluxe version. One constraint on John's production is labor hours. He only has 34 hours per week for assembly. The standard version requires 280 minutes each, while the deluxe requires 390 minutes. John's milling machine is also a limitation. There are only 21 hours a week available for the milling machine. The standard unit requires 60 minutes, while the deluxe requires 120. Formulate as a linear programming problem, and solve using Excel Solver.
) John's Locomotive Works manufactures a model locomotive. It comes in two versions--a standard (X1), and a deluxe (X2). The standard version generates $250 per locomotive for the standard version, and $370 per locomotive for the deluxe version. One constraint on John's production is labor hours. He only has 34 hours per week for assembly. The standard version requires 280 minutes each, while the deluxe requires 390 minutes. John's milling machine is also a limitation. There are only 21 hours a week available for the milling machine. The standard unit requires 60 minutes, while the deluxe requires 120. Formulate as a linear programming problem, and solve using Excel Solver.
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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) John's Locomotive Works manufactures a model locomotive. It comes in two versions--a standard (X1), and a deluxe (X2). The standard version generates $250 per locomotive for the standard version, and $370 per locomotive for the deluxe version. One constraint on John's production is labor hours. He only has 34 hours per week for assembly. The standard version requires 280 minutes each, while the deluxe requires 390 minutes. John's milling machine is also a limitation. There are only 21 hours a week available for the milling machine. The standard unit requires 60 minutes, while the deluxe requires 120. Formulate as a linear programming problem, and solve using Excel Solver.
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