Let P; = units of product i produced Max 25 V Pa 28 V P2- 30 V P3 s.t. 1.5 V P1+ 3 V P2+ 2P3S 450 2P1+ 1 V P2+ 2.5 V Pals 350 .25 V P1 0.25P2 + 0.25 V P3s 50 P1, P2, P3 2 0 b. Solve the linear program formulated in part (a). How much of each product should be produced, and what is the projected total profit contribution? P1 = 60 P2 = 80 P3 = 60 V Profit = $ 5540 V c. After evaluating the solution obtained in part (b), one of the production supervisors noted that production setup costs had not been taken into account. She noted that setup costs are $400 for product 1, $550 for product 2, and $600 for product 3. If the solution developed in part (b) is to be used, what is the total profit contribution after taking into account the setup costs? Profit = $ 3990 V d. Management realized that the optimal product mix, taking setup costs into account, might be different from the one recommended in part (b). Formulate a mixed-integer linear program that takes setup costs into account. Management also stated that we should not consider making more than 175 units of product 1, 150 units of product 2, or 140 units of product 3. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300)
Let P; = units of product i produced Max 25 V Pa 28 V P2- 30 V P3 s.t. 1.5 V P1+ 3 V P2+ 2P3S 450 2P1+ 1 V P2+ 2.5 V Pals 350 .25 V P1 0.25P2 + 0.25 V P3s 50 P1, P2, P3 2 0 b. Solve the linear program formulated in part (a). How much of each product should be produced, and what is the projected total profit contribution? P1 = 60 P2 = 80 P3 = 60 V Profit = $ 5540 V c. After evaluating the solution obtained in part (b), one of the production supervisors noted that production setup costs had not been taken into account. She noted that setup costs are $400 for product 1, $550 for product 2, and $600 for product 3. If the solution developed in part (b) is to be used, what is the total profit contribution after taking into account the setup costs? Profit = $ 3990 V d. Management realized that the optimal product mix, taking setup costs into account, might be different from the one recommended in part (b). Formulate a mixed-integer linear program that takes setup costs into account. Management also stated that we should not consider making more than 175 units of product 1, 150 units of product 2, or 140 units of product 3. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Topic Video
Question
Problem 7-11
Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The labor-hour requirements, by department, are as follows:
Department | Product 1 | Product 2 | Product 3 |
A | 1.50 | 3.00 | 2.00 |
B | 2.00 | 1.00 | 2.50 |
C | 0.25 | 0.25 | 0.25 |
During the next production period, the labor hours available are 450 in department A, 350 in department B, and 50 in department C. The profit contributions per unit are $25 for product 1, $28 for product 2, and $30 for product 3.
A) Formulate a linear programming model for maximizing total profit contribution. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300)
****I need help with Part E Only Please....Thanks****
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 4 steps with 6 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,