26 The sales mix factor is *Sample format: 111,111 F or 111,111 UData for National Co. is as follows:Product AProduct B202020212020202120,000P15P7.50Units soldUnit selling priceUnit cost10,000P1010,000P15P1315,000P10P8P5

Sales mix factor means the proportion or Ratio of each product sold relative to total sales. Sales…

Answered: The sales mix factor is * O Sample…

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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1. (30 pts.) A company that manufactures three products, A, B, and C, using three machines, M1, M2, and M3, wants to determine the optimal production schedule that maximizes the total profit. Product has to be processed by machines M1, M2, and M3, product B requires M1 and M3, while product Crequires M1 and M2. The unit profits on the three products are $4, $2, and $5, respectively. The following linear program is formulated to determine the optimal product mix: Maximize Z=4x+2x2+5x3 5.L x+2x2+ x ≤430 (Machine 1) 3x + 2x ≤ 460 (Machine 2) x+4x2 ≤450 (Machine 3) and 11.12.20 where x1, x2, and xs are the amounts of products A. B, and C and the constraints reflect the available capacities of M1, M2, and M3. The optimum solution for the problem is as follows: optimal solution: -0, -100, x-230 optimal value: maximum profit, Z=1350 shadow prices: 1.0, 2.0, and 0.0 for constraints 1, 2 and 3 respectively reduced costs: for x 3.0, for x = 0, for x)=0 RANGES ON RIGHT-HAND-SIDE (RHS) CONSTRAINTS…
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The sales mix factor is * O Sample format: 111,111 F or 111,111 U Data for National Co. is as follows: Product A Product B 2021 15,000 2020 2021 2020 20,000 P15 P7.50 10,000 P15 Units sold 10,000 P10 Unit selling price Unit cost P10 P5 P13 P8