linear programming A small company works 10 hours a day, making two types of products from 3 specific processes. The times required in each of the processes and the profits generated by type of product are shown in the table: Product Process 1 Process 2 Process 3 Utility 1 10 6 8 $2.00 2 5 20 10 $3.00 consider that x1 and x2 are the quantities of the product 1 and 2. Indicate: Objective function  Restriction of the process 1 Restriction of the process 2 Restriction of the process 3 Restriction of nonnegativity Optimal solution of x1, x2 and z

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...
icon
Related questions
Question

linear programming

A small company works 10 hours a day, making two types of products from 3 specific processes. The times required in each of the processes and the profits generated by type of product are shown in the table:

Product Process 1 Process 2 Process 3 Utility
1 10 6 8 $2.00
2 5 20 10 $3.00

consider that x1 and x2 are the quantities of the product 1 and 2.

Indicate:

  1. Objective function 
  2. Restriction of the process 1
  3. Restriction of the process 2
  4. Restriction of the process 3
  5. Restriction of nonnegativity
  6. Optimal solution of x1, x2 and z
Expert Solution
steps

Step by step

Solved in 2 steps with 4 images

Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.