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

Show answers

Another question on Computers and Technology

Computers and Technology, 20.06.2019 18:04

What is secondary exchange ? - apex a. returning a product you are unhappy with b. buying the same product more than once c. buying from people instead of companies d. recycling a previously recycled product

Answers: 2

Answer

Computers and Technology, 23.06.2019 01:50

Create a class named majors that includes an enumeration for the six majors offered by a college as follows: acc, chem, cis, eng, his, phys. display the enumeration values for the user, then prompt the user to enter a major. display the college division in which the major falls. acc and cis are in the business division, chem and phys are in the science division, and eng and his are in the humanities division. save the file as majors.java.

Answers: 2

Answer

Computers and Technology, 23.06.2019 07:10

If you want to import a picture into a dtp application, what must you do first? draw an image frame. import text. open the folder containing the file. select get image… from the windows menu.

Answers: 2

Answer

Computers and Technology, 23.06.2019 13:30

Select the correct answer from each drop-down menu. which types of computer networks are bigger as well as smaller than a man? a man is a network of computers that covers an area bigger than a , but smaller than a .

Answers: 1

Answer

You know the right answer?

Acme Industries produces four types of men’s ties using three types of material. Your job is to dete...

Questions