Computers and Technology, 12.08.2020 05:01 brysonsandridge69041
Acme Industries produces four types of men’s ties using three types of material. Your job is to determine how many of each type of tie to make each month. The goal is to maximize profit, profit per tie = selling price -labor cost –material cost. Labor cost is $0.75 per tiefor all four types of ties. The material requirements and costs are given below:
Material Cost per yard Yards available per month
Silk $20 1,000
Polyester $6 2,000
Cotton $9 1,250
Type of Tie
Product Information Silk Polyester Blend 1 Blend 2
Selling Price per tie $6.70 $3.55 $4.31 $4.81
Monthly Minimum units 6,000 10,000 13,000 6,000
Monthly Maximum units 7,000 14,000 16,000 8,500
Type of Tie
Material Information in yards Silk Polyester Blend 1 (50/50) Blend 2 (30/70)
Silk 0.125 0 0 0
Polyester 0 0.08 0.05 0.03
Cotton 0 0 0.05 0.07
Required:
a. Formulate the problem as a linear program with an objective function and all constraints.
b. Determine the optimal solution for the linear program using any software you want. Include a copy of the code and output.
c. What are the optimal numbers of ties of each type to maximize profit?
Answers: 1
Computers and Technology, 22.06.2019 22:30
Alex’s family members live in different parts of the world. they would like to discuss the wedding plans of one of their distant relatives. however, alex wants all the family members to talk to each other simultaneously so that they can make decisions quickly. which mode of internet communication should they use? a. blog b. email c. wiki d. message board e. instant messaging
Answers: 2
Computers and Technology, 23.06.2019 02:30
Research data that is presented using descriptive language is said to be
Answers: 2
Computers and Technology, 23.06.2019 20:30
Column a of irma’s spreadsheet contains titles for each row, but her document is too big and will be printed three pages across. she wants to be sure that every page will be understood. what can irma do to with this problem?
Answers: 3
Computers and Technology, 23.06.2019 22:30
Apart from confidential information, what other information does nda to outline? ndas not only outline confidential information, but they also enable you to outline .
Answers: 1
Acme Industries produces four types of men’s ties using three types of material. Your job is to dete...
English, 06.05.2021 23:10
English, 06.05.2021 23:10
Social Studies, 06.05.2021 23:10
Mathematics, 06.05.2021 23:10
Business, 06.05.2021 23:10
French, 06.05.2021 23:10
Health, 06.05.2021 23:10
Chemistry, 06.05.2021 23:10
Mathematics, 06.05.2021 23:10
Mathematics, 06.05.2021 23:10
Chemistry, 06.05.2021 23:10
Mathematics, 06.05.2021 23:10
Social Studies, 06.05.2021 23:10