4. Formulate decision only. Define all your variables first. There are variables
ID: 376790 • Letter: 4
Question
4. Formulate decision only. Define all your variables first. There are variables in this problem. Ace Manufacturing produces two products A and B according to the following data chart. Product A Product B Material (parts per unit product) Labor thrs. per unit product) Equipment (hrs. per unit product) Profit per unit product 9 3. $45 , $25 The general manager has prioritized the following goals. PI. Manufacture at least 8 units of product A and 20 units of product B. P2. Avoid using more than 95 parts of material, 125 worker hours, and 110 equipment hours. P3. Achieve a target profit of $350 exactly.Explanation / Answer
This is the problem having the main objective of maximizing profit.
Let x1 is represents the product A and x2 represents product B
The objective function Max Z =45 x1 + 25 x2
Constraints:-
For number of units:- x1 8 ; x2 20
Avoiding:- 9 x1 +5 x2 95
3 x1+7 x2 125
6 x1+ 4 x2 110
Target Profit :- 45 x1 + 25 x2 =350
Where x1 , x2 >0
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