A manufacturer produces two products - chairs and desks ...
A manufacturer produces two products - chairs and desks. Each chair sells for $ 25 and each desk sells for $ 75. In order to maximize the weekly contribution (profit), he has collected the following information on the cost producing each unit – Machining Labour (hrs) (hrs) Item Chair 4 6 Desk 7 10 Total available 120 180 The maximum allowable amount of chairs to be made is 10 and the minimum amount of desks to be made is 5. Let A - amount of chairs made, B – amount of desks made, Formulate an LP model and use Solver to find a solution for the product mix example.
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- Amanufacturerproducestwoproducts-chairsanddesks.xls