Two recent graduates have decided to enter the field of microcomputers. They intend to manufacture two types of microcomputers, CompA and CompB. Because of the interest in microcomputers, they can sell all that they could possibly produce. However, they wish to size the production rate so as to satisfy various estimated limits with a small production crew. These include assembly hours with 150 hours per week and testing hours with 70 hours per week. CompA requires 4 hours of assembly and 3 hours of testing while CompB requires 6 hours of assembly and 3.5 hours of testing. The profit for each unit of CompA is $300 and the profit for each unit of CompB is $450. Let x be the decision variable representing the quantity for CompA and y be the decision variable representing the quantity for CompB. (i) What is the objective function to maximize weekly profit P? (ii) What is the constraint for assembly hours? (iii) What is the constraint for testing hours?
Two recent graduates have decided to enter the field of microcomputers. They intend to manufacture two types of microcomputers, CompA and CompB. Because of the interest in microcomputers, they can sell all that they could possibly produce. However, they wish to size the production rate so as to satisfy various estimated limits with a small production crew. These include assembly hours with 150 hours per week and testing hours with 70 hours per week. CompA requires 4 hours of assembly and 3 hours of testing while CompB requires 6 hours of assembly and 3.5 hours of testing. The profit for each unit of CompA is $300 and the profit for each unit of CompB is $450. Let x be the decision variable representing the quantity for CompA and y be the decision variable representing the quantity for CompB. (i) What is the objective function to maximize weekly profit P? (ii) What is the constraint for assembly hours? (iii) What is the constraint for testing hours?
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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