Puck and Pawn CompanyWe describe the steps involved in solving a simple linear programming model in the context of a sample problem, that of Puck and Pawn Company, which manufactures hockey sticks and chess sets. Each hockey stick yields an incremental profit of $2, and each chess set, $4. A hockey stick requires 4 hours of processing at machine center A and 2 hours at machine center B. A chess set requires 6 hours at machine center A, 6 hours at machine center B, and 1 hour at machine center C. Machine center A has a maximum of 120 hours of available capacity per day, machine center B has 72 hours, and machine center C has 10 hours.If the company wishes to maximize profit, how many hockey sticks and chess sets should be produced per day?
Puck and Pawn CompanyWe describe the steps involved in solving a simple linear programming model in the context of a sample problem, that of Puck and Pawn Company, which manufactures hockey sticks and chess sets. Each hockey stick yields an incremental profit of $2, and each chess set, $4. A hockey stick requires 4 hours of processing at machine center A and 2 hours at machine center B. A chess set requires 6 hours at machine center A, 6 hours at machine center B, and 1 hour at machine center C. Machine center A has a maximum of 120 hours of available capacity per day, machine center B has 72 hours, and machine center C has 10 hours.If the company wishes to maximize profit, how many hockey sticks and chess sets should be produced per day?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Puck and Pawn Company
We describe the steps involved in solving a simple linear programming model in the context of a sample problem, that of Puck and Pawn Company, which manufactures hockey sticks and chess sets. Each hockey stick yields an incremental profit of $2, and each chess set, $4. A hockey stick requires 4 hours of processing at machine center A and 2 hours at machine center B. A chess set requires 6 hours at machine center A, 6 hours at machine center B, and 1 hour at machine center C. Machine center A has a maximum of 120 hours of available capacity per day, machine center B has 72 hours, and machine center C has 10 hours.
If the company wishes to maximize profit, how many hockey sticks and chess sets should be produced per day?
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