Practical Management Science

profileaaduarte
Sh03_33.xlsx

Model

Manufacturing two products
Times (hours) needed to product each product on each machine
Machine 1 Machine 2
Product 1 0.4 0.3
Product 2 0.7 0.4
Demands and prices
Demands Prices
Month 1 Month 2 Month 1 Month 2
Product 1 1000 1900 $55 $12
Product 2 1400 1300 $65 $32
Month 1 production
Machine 1 Machine 2 Total Market
Product 1
Product 2
Month 2 production
Machine 1 Machine 2 Total Market
Product 1
Product 2
Hours used per month Available hours per month
Machine 1 Machine 2 Machine 1 Machine 2
Month 1
Month 2
Total revenue

Problem 2.13