A company has a maximum of 14 hours of labor to produce 2 pr
A company has a maximum of 14 hours of labor to produce 2 products daily. A unit of product 1 requires 4 hours while a unit of product 2 requires 3. For producing, it\'s necesary a raw material of which 12 units are available daily, requiring 2 units to produce a unit of product 1 and 3 units to produce a unit of product 2. Assume you want to maximize profit.
Raises a linear programming model.
Solve by simplex method.
Step by step solution please.
Solution
Labour hours available <=14
Product I II
No of units x y
Lab hours 4 3
Raw mat 2 3
Raw mat available = 12
Writing constraints in terms of x and y
4x+3y<=14
and 2x+3y<=12
Subtracting we get 2x<=2 or x <=1
Hence x can be 0 or 1
y can be <=4
Our objective is to maximise profit
Or minimise cost
Cost C= 14l+12 m where l = labour charge per hour and m = material cost per unit
Feasible solutions are (0,4) (1,3)
Since sales value is not given we cannot proceed further.
