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, 21.06.2019 16:00
Page orientation can be either landscape or
Answers: 1
Computers and Technology, 22.06.2019 03:40
Hello my name is mihai and i need your : )i have to do a python project in computer science and i’m really busy with my mocks this period of time besides this i’m not good at coding so could someone pls pls pls sort me out ? i actually beg ; ))
Answers: 1
Computers and Technology, 22.06.2019 21:00
Which of these is most responsible for differences between the twentieth century to the twenty-first century?
Answers: 2
Computers and Technology, 23.06.2019 15:00
Barbara is interested in pursuing a career in the science and math pathway. which qualifications will her reach that goal? a.an advanced knowledge of physics and math b.an advanced knowledge of engineering and math c. an advanced knowledge of physics and robotics an d. advanced knowledge of machinery and math
Answers: 1
Acme Industries produces four types of men’s ties using three types of material. Your job is to dete...
English, 09.04.2021 03:20
Mathematics, 09.04.2021 03:20
Mathematics, 09.04.2021 03:20
Mathematics, 09.04.2021 03:20
Advanced Placement (AP), 09.04.2021 03:20
Mathematics, 09.04.2021 03:20