labor hours labor availability Ounit profit (ii) uncontrollable labor hours O labor availability O unit profit (c) Draw the flowchart of the input-output process for this model. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This answer has not been graded yet. (d) What are the optimal solution values of x and y? (Let P be total profit.) 0. 20
labor hours labor availability Ounit profit (ii) uncontrollable labor hours O labor availability O unit profit (c) Draw the flowchart of the input-output process for this model. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This answer has not been graded yet. (d) What are the optimal solution values of x and y? (Let P be total profit.) 0. 20
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
question (3) some parts are correct and some parts are incorrect. part C i need the most help with
Transcribed Image Text:Recall the production model:
Маx
10x
s.t.
5x S 40
Suppose the firm in this example considers a second product that has a unit profit of $5 and requires 2 hours of labor time
for each unit produced. Use y as the number of units of second product produced.
(a) Show the mathematical model when both products are considered simultaneously.
5y
Max
s.t.
2y < 40
x 2 0, y 20
(b) Identify the controllable and uncontrollable Inputs for this model. (Select all that apply.)
(1) controllable
labor hours
O labor availability
Ounit profit
Transcribed Image Text:labor hours
labor availability
Ounit profit
(ii) uncontrollable
labor hours
O labor availability
O unit profit
(c) Draw the flowchart of the input-output process for this model. (Submit a file with a maximum size of 1 MB.)
Choose File No file chosen
This answer has not been graded yet.
(d) What are the optimal solution values of x and y? (Let P be total profit.)
y = 20
P = $ 100
(e) is the model developed in part (a) a deterministic or a stochastic model? Explain.
The uncontrollable inputs are fixed
and known
, so the model is deterministic v
Need Help?
Read It
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman