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Product Locks Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: Selling Price per Unit Variable Cost Fixed Cost DL Hours per per Unit per Unit Unit A (Anchor bolts) $ 7.00 $ 2.00 $ 2.00 2 B (Bearings) $ 3.10 $ 2.60 $ 4.00 1 C (Castings) $ 7.00 $ 2.00 5 $ 2.00 There are 170 direct labor hours available. Machine-hour capacity allows 80 anchor bolts, only; 70 bearings, only; 30 The machine-hour constraint for Locks' linear programming model is:

Product Locks Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: Selling Price per Unit Variable Cost Fixed Cost DL Hours per per Unit per Unit Unit A (Anchor bolts) $ 7.00 $ 2.00 $ 2.00 2 B (Bearings) $ 3.10 $ 2.60 $ 4.00 1 C (Castings) $ 7.00 $ 2.00 5 $ 2.00 There are 170 direct labor hours available. Machine-hour capacity allows 80 anchor bolts, only; 70 bearings, only; 30 The machine-hour constraint for Locks' linear programming model is:

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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7 Product Locks Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: Selling Price per Unit Variable Cost Fixed Cost DL Hours per per Unit per Unit Unit A (Anchor bolts) $ 7.00 $ 2.00 $ 2.00 2 B (Bearings) $ 3.10 S $ 2.60 $ 4.00 1 C (Castings) $ 7.00 $ 2.00 $ 2.00 5 xipped There are 170 direct labor hours available. Machine-hour capacity allows 80 anchor bolts, only; 70 bearings, only; 30 casters, only; or any combination of the three that does not exceed th The machine-hour constraint for Locks' linear programming model is: Print Multiple Choice О Indeterminable from the data given. О A+B+C≤ 180. 1A+1.14B+2.67C ≤ 80. 80A+70B + 30C ≤ 14,400. The same as the labor-hour constraint.
Transcribed Image Text:7 Product Locks Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: Selling Price per Unit Variable Cost Fixed Cost DL Hours per per Unit per Unit Unit A (Anchor bolts) $ 7.00 $ 2.00 $ 2.00 2 B (Bearings) $ 3.10 S $ 2.60 $ 4.00 1 C (Castings) $ 7.00 $ 2.00 $ 2.00 5 xipped There are 170 direct labor hours available. Machine-hour capacity allows 80 anchor bolts, only; 70 bearings, only; 30 casters, only; or any combination of the three that does not exceed th The machine-hour constraint for Locks' linear programming model is: Print Multiple Choice О Indeterminable from the data given. О A+B+C≤ 180. 1A+1.14B+2.67C ≤ 80. 80A+70B + 30C ≤ 14,400. The same as the labor-hour constraint.
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