A clothier makes coats and slacks. The two resources required are wool cloth and labor. Theclothier has 150 square yards of wool and 200 hours of labor available. Each coat requires 3square yards of wool and 10 hours of labor, whereas each pair of slacks requires 5 squareyards of wool and 4 hours of labor. The profit for a coat is $50, and the profit for slacks is $40.The clothier wants to determine the number of coats and pairs of slacks to make so that profitwill be maximized.Formulate a linear programming model for this problem and solve it graphically. Then answerthe following questions.

Let x represents the number of coats and y represents the number of pair of slakes.From the given…

Answered: makes coats and slacks. The two…

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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The Petoskey Potato Chip Company produces 3 varieties of gourmet potato chip. The varieties and average daily demand are given below: Bar-B-Que: 325 cases/day Sour Cream & Onion: 215 cases/day Classic Cut: 360 ases/day The company runs 24 hours/day and can produce 1,300 cases of potato chips per day. Each case of potato chip costs $20 to produce and Petoskey assumes 18% of this cost as the annual holding cost. It takes Petoskey 5 hours to setup for production of a different variety at a cost of $715. Calculate the minimum cost cycle time in days. Answer: 25.2 How is this calculated?
A company possesses two manufacturing plants, each of which can produce three products, X, Y, and Z, from a common raw material. However, the proportion in which the products are produced differs in each plant, and so are plant's operating costs per hour. Data on production per hour and costs are given below, together with current orders in hand of each product. Products Operating cost per hour Y Plant A 4 9. Plant B 4 2 10 Orders on hand 50 24 60 Formulate the above as a linear programming problem. Find the number of production hours needed to fulfill the orders on hand at minimum cost using the using Big M method.
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