solution
- Martha Manufacturing a product through three separate production lines “A”, “B” and “C”. Costs for producing a product through each line as well as maximum outputs of each line and fixed cost associated with setting up the line is shown below:
Production line |
Cost per unit |
Maximum production |
Fixed cost |
A |
1.5 |
28 |
150 |
B |
1.0 |
32 |
170 |
C |
1.25 |
25 |
160 |
The company has received an order of 60 units to be produced.
Model the problem for optimum number of products to be made from each production line.
- Formulate a linear programming model for maximizing total profit contribution. (7 marks)
- Solve the linear program formulated in part (a). How much of each product should be produced, and what is the projected total profit contribution? (7 marks)
**Note that you need to submit your excel document to get credit for this part. please attach the formula for each section and please do it asap
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