Q2: Textile Manufacturing Problem The Great Threads Company is capable of manufacturing shirts, shorts, pants, skirts, and jackets. Each type of clothing requires that Great Threads have the appropriate type of machinery available. Table2 lists the amounts of cloth and labor required per unit of clothing, as well as the selling price and the unit variable cost for each type of clothing. In a given week, 4000 labor hours and 4500 square yards (sq yd) of cloth are available. The company wants to find a solution that maximizes its weekly profit. Unit Labor hour Shirts 2.0 Shorts 1.0 Pants 6.0 Skirts 4.0 Jackets 8.0 Table 2: Data for the Great Threads Unit Cloth (sq yd) 3.0 2.5 4.0 45 5.5 Selling price Unit variable cost $35 $40 $65 $70 $110 $20 $10 $25 30 $35 2.1 Fill the function or value in the red-bordered area in sheet "Q2 Texile Manufacturing". 2.2 Find and state the optimal solution. (hint: we can only manufacture integer number of clothes) 2.3 Find out if the resources are binding. Fill the answer (Binding or Non-binding) in the bule area given in the sheet.
Q2: Textile Manufacturing Problem The Great Threads Company is capable of manufacturing shirts, shorts, pants, skirts, and jackets. Each type of clothing requires that Great Threads have the appropriate type of machinery available. Table2 lists the amounts of cloth and labor required per unit of clothing, as well as the selling price and the unit variable cost for each type of clothing. In a given week, 4000 labor hours and 4500 square yards (sq yd) of cloth are available. The company wants to find a solution that maximizes its weekly profit. Unit Labor hour Shirts 2.0 Shorts 1.0 Pants 6.0 Skirts 4.0 Jackets 8.0 Table 2: Data for the Great Threads Unit Cloth (sq yd) 3.0 2.5 4.0 45 5.5 Selling price Unit variable cost $35 $40 $65 $70 $110 $20 $10 $25 30 $35 2.1 Fill the function or value in the red-bordered area in sheet "Q2 Texile Manufacturing". 2.2 Find and state the optimal solution. (hint: we can only manufacture integer number of clothes) 2.3 Find out if the resources are binding. Fill the answer (Binding or Non-binding) in the bule area given in the sheet.
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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