WorldLight Company produces two lamp fixtures (products 1 and 2) that require metal parts and electrical components. Management wants to determine how many units of each product to manufacture to maximize profit. For each unit of product 1, 1 unit of metal parts and 2 units of electrical components are required. For each unit of product 2, 3 units of metal parts and 2 units of electrical components are required. The company has 200 units of metal parts and 300 units of electrical components. Each unit of product 1 yields a profit of $1 and each unit of product 2, up to 60 units, yields a profit of $2. Any excess of 60 units of product 2 does not yield a profit, so making more than that amount is out of consideration. a) Formulate a linear programming model. b) Use the graphical method to solve this model. What is the resulting total profit?
WorldLight Company produces two lamp fixtures (products 1 and 2) that require metal parts and electrical components. Management wants to determine how many units of each product to manufacture to maximize profit. For each unit of product 1, 1 unit of metal parts and 2 units of electrical components are required. For each unit of product 2, 3 units of metal parts and 2 units of electrical components are required. The company has 200 units of metal parts and 300 units of electrical components. Each unit of product 1 yields a profit of $1 and each unit of product 2, up to 60 units, yields a profit of $2. Any excess of 60 units of product 2 does not yield a profit, so making more than that amount is out of consideration.
a) Formulate a linear programming model.
b) Use the graphical method to solve this model. What is the resulting total profit?
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