EBK NUMERICAL METHODS FOR ENGINEERS
7th Edition
ISBN: 9780100254145
Author: Chapra
Publisher: YUZU
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Textbook Question
Chapter 16, Problem 27P
A manufacturer provides specialized microchips. During the next 3 months, its sales, costs, and available time are
Month 1 | Month 2 | Month 3 | |
Chips required | 1000 | 2500 | 2200 |
Cost regular time ($/chip) | 100 | 100 | 120 |
Cost overtime ($/chip) | 110 | 120 | 130 |
Regular operation time (hr) | 2400 | 2400 | 2400 |
Overtime (hr) | 720 | 720 | 720 |
There are no chips in stock at the beginning of the first month. It takes 1.5 hr of production time to produce a chip and costs $5 to store a chip from one month to the next. Determine a production schedule that meets the demand requirements, does not exceed the monthly production time limitations, and minimizes cost. Note that no chips should be in stock at the end of the 3 months.
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Chapter 16 Solutions
EBK NUMERICAL METHODS FOR ENGINEERS
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