PROBLEM: An appliance manufacturer produces two models of electric fans: stand fans and desk fans. Both model require fabrications and assembly work. Each stand fan uses 4.0 hours of fabrications and 2.0 hours of assembly works and each desk fans uses 2.0 hours of fabrication and 6.0 hours of assembly. There are 600 fabrication hours available per week and 480 hours of assembly. Each stand fan contributes Php 400.00 to profits and each desk fans contributes Php 300.00 to profit. How many stand fans and desk fans must the manufacturer produce in order to maximize the profit? Find the solutions: 1.0bjectives 2.Decision Variables 3. Certainty 4. Parameters
PROBLEM: An appliance manufacturer produces two models of electric fans: stand fans and desk fans. Both model require fabrications and assembly work. Each stand fan uses 4.0 hours of fabrications and 2.0 hours of assembly works and each desk fans uses 2.0 hours of fabrication and 6.0 hours of assembly. There are 600 fabrication hours available per week and 480 hours of assembly. Each stand fan contributes Php 400.00 to profits and each desk fans contributes Php 300.00 to profit. How many stand fans and desk fans must the manufacturer produce in order to maximize the profit? Find the solutions: 1.0bjectives 2.Decision Variables 3. Certainty 4. Parameters
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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