The G&M Company wants to produce two type product, typel, type2. The sale price is 5 for typel and 10$ for type2 These products are produced using same component in different rates. The amount of component that used for two type of products, is limitec with 30 unit. The usage rates for type1 and type2 are 2 unit and 5 unit respectively Furthermore, the workforce is limited with 10 hours with same rate for two type product. The production cost is 4$ for typel and 8$ for type2. The company wants to maximize its profit. Formulate an IP model and solve this problem by using branch and bound method.
The G&M Company wants to produce two type product, typel, type2. The sale price is 5 for typel and 10$ for type2 These products are produced using same component in different rates. The amount of component that used for two type of products, is limitec with 30 unit. The usage rates for type1 and type2 are 2 unit and 5 unit respectively Furthermore, the workforce is limited with 10 hours with same rate for two type product. The production cost is 4$ for typel and 8$ for type2. The company wants to maximize its profit. Formulate an IP model and solve this problem by using branch and bound method.
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Transcribed Image Text:The G&M Company wants to produce two type product, typel, type2. The sale price is 5$
for typel and 10$ for type2 These products are produced using same component in
different rates. The amount of component that used for two type of products, is limited
with 30 unit The usage rates for type1 and type2 are 2 unit and 5 unit respectively
Furthermore, the workforce is limited with 10 hours with same rate for two type product.
The production cost is 4$ for typel and 8$ for type2. The company wants to maximize its
profit. Formulate an IP model and solve this problem by using branch and bound method.
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