The Stratton Company produces two basic types of plastic pipe. Three resources are crucial to the output of pipe: extrusion hours, packaging hours, and a special additive to the plastic raw material. The following data represent next week’s situation. All data are expressed in units of 100 feet of pipe. Product Resource Type 1 Type 2 Resource Availability Extrusion Packaging Additive mix 4 hr 2 hr 2 lb 6 hr 2 hr 1 lb 48 hr 18 hr 16 lb The contribution to profits and overhead per 100 feet of pipe is $34 for type 1 and $40 for type 2. Formulate a linear programming model to determine how much of each type of pipe should be produced to maximize contribution to profits and to overhead, assuming that everything produced can be sold.
The Stratton Company produces two basic types of plastic pipe. Three resources are crucial to the output of pipe: extrusion hours, packaging hours, and a special additive to the plastic raw material. The following data represent next week’s situation. All data are expressed in units of 100 feet of pipe. Product Resource Type 1 Type 2 Resource Availability Extrusion Packaging Additive mix 4 hr 2 hr 2 lb 6 hr 2 hr 1 lb 48 hr 18 hr 16 lb The contribution to profits and overhead per 100 feet of pipe is $34 for type 1 and $40 for type 2. Formulate a linear programming model to determine how much of each type of pipe should be produced to maximize contribution to profits and to overhead, assuming that everything produced can be sold.
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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The Stratton Company produces two basic types of plastic pipe. Three resources are crucial to the output of pipe: extrusion hours, packaging hours, and a special additive to the plastic raw material. The following data represent next week’s situation. All data are expressed in units of 100 feet of pipe.
| Product | |||
| Resource | Type 1 | Type 2 | Resource Availability |
|
Extrusion Packaging Additive mix |
4 hr 2 hr 2 lb |
6 hr 2 hr 1 lb |
48 hr 18 hr 16 lb |
The contribution to profits and overhead per 100 feet of pipe is $34 for type 1 and $40 for type 2. Formulate a linear programming model to determine how much of each type of pipe should be produced to maximize contribution to profits and to overhead, assuming that everything produced can be sold.
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