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Using Simplex Method, solve the problem below: A manufacturer produces three models of bicycles. The time (in hours) required for assembling, painting, and packaging each model is as follows: Assembling Model A 2 Model B 2.6 Model C 3

Using Simplex Method, solve the problem below: A manufacturer produces three models of bicycles. The time (in hours) required for assembling, painting, and packaging each model is as follows: Assembling Model A 2 Model B 2.6 Model C 3

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Solve using simplex method. Round off all computed values to 4 decimal places.

Using Simplex Method, solve the problem below: A manufacturer produces three models of bicycles. The time (in hours) required for assembling, painting, and packaging each model is as follows: Assembling Painting Packaging Model A 2 1.5 1.25 Model B 2.6 2 0.75 Model C 3 1 1.75 The total time available for assembling, painting, and packaging is 4006 hours, 2495 hours and 1500 hours, respectively. The profit per unit for each model is $45 (Model A), $55 (Model B), and $60 (Model C). How many of each type should be produced to obtain a maximum profit? Show the equations for the constraints and the objective function. Setup the initial tableau and basic solution. Proceed to solving using Simplex method. Identify your final solution. Express your answer to the question "How many of each type should be produced to obtain a maximum profit?". Do you think this is a good approximate. Round-off all computed values to 4 decimal places.
Transcribed Image Text:Using Simplex Method, solve the problem below: A manufacturer produces three models of bicycles. The time (in hours) required for assembling, painting, and packaging each model is as follows: Assembling Painting Packaging Model A 2 1.5 1.25 Model B 2.6 2 0.75 Model C 3 1 1.75 The total time available for assembling, painting, and packaging is 4006 hours, 2495 hours and 1500 hours, respectively. The profit per unit for each model is $45 (Model A), $55 (Model B), and $60 (Model C). How many of each type should be produced to obtain a maximum profit? Show the equations for the constraints and the objective function. Setup the initial tableau and basic solution. Proceed to solving using Simplex method. Identify your final solution. Express your answer to the question "How many of each type should be produced to obtain a maximum profit?". Do you think this is a good approximate. Round-off all computed values to 4 decimal places.
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