Manufacturer firm manufactures two product(X,Y ). Each kg of X requires 5 kWh of electricity and0.25 h of labour. Each kg of Y requires 2 kWh of electricity and 0.5 h of labour. For Y , the quantityof raw materials available permits the maximum production of 60 kg/day. Electricity is limited to 500kWh day and labour to 40 hiday. The X profit is $0,25/kg, while the Y profit is $0,4/kg. To solvethis LP problems by simplex method.there are three basic components must understood:1. Decision variables that seek to determine?2. Formulated the Objective (goal) that need to optimize (maximize or minimize).3. Constraints that the solution must satisfy; and,4. What quantity of cach (X&Y) should be produced and,5. What would the profit be?Activste WindaEإجابتك

First, I would define the decision variables for the above question, here, let me define that total…

Manufacturer firm manufactures two product(X,Y ). Each kg of X requires 5 kWh of electricity and 0,25 h of labour. Each kg of Y requires 2 kWh of electricity and 0.5 h of labour. For Y, the quantity of raw materials available permits the maximum production of 60 kg/day. Electricity is limited to 500 kWh/day and labour to 40 hiday. The X profit is $0.25/kg, while the Y profit is S0.4/kg. To solve this LP problems by simplex method. there are three basie components must understood: 1. Decision variables that seek to determine? 2. Formulated the Objective (goal) that nced to optimize (maximize or minimize). 3. Construints that the solution must satisfy; and, 4. What quantity of cach (X&Y) should be produced and, 5. What would the profit be? Artivate windoe

Manufacturer firm manufactures two product(X,Y ). Each kg of X requires 5 kWh of electricity and 0,25 h of labour. Each kg of Y requires 2 kWh of electricity and 0.5 h of labour. For Y, the quantity of raw materials available permits the maximum production of 60 kg/day. Electricity is limited to 500 kWh/day and labour to 40 hiday. The X profit is $0.25/kg, while the Y profit is S0.4/kg. To solve this LP problems by simplex method. there are three basie components must understood: 1. Decision variables that seek to determine? 2. Formulated the Objective (goal) that nced to optimize (maximize or minimize). 3. Construints that the solution must satisfy; and, 4. What quantity of cach (X&Y) should be produced and, 5. What would the profit be? Artivate windoe

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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