A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $65 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $23. The company can sell all the units it produces. The data for the problem are summarized below.
Hours required by
Operation A B Hours
Cutting 3 4 48
Welding 2 1 36
The decision variables are defined as:
xi = the amount of product i produced
yi = 1 if xi > 0 and 0 if xi = 0
What is the objective function for this problem?
a. Maximize: 17x1 + 21x2 - 60y1 - 80y2
b. Minimize: 60y1 + 80y2
c. Minimize: 17x1 + 21x2 - 60y1 - 80y2
d. Maximize: 17x1 + 21x2
Answers: 2
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A company is developing its weekly production plan. The company produces two products, A and B, whic...
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