1. A certain computer company produces three kinds of computers, labelled A, B and C. This computer company has three factories, labelled 1, 2 and 3. The profit for each computer, the in-process space needed to produce each computer, and the market demand per day is indicated below: Product: C A B 350 550 300 10 Market demand/ day: 900 1200 750 Profit ($): In-process space (ft2): 20 15 As long as the number of computers produced are not more than the market demand, they will be sold. The three factories have the following production space: Factory: 2 3 Production space (ft2): 13000 12000 5000 (a) Identify variables for the optimization problem (b) Write down the objective function (c) Write down the constraints for production space (d) Write down the constraints for market demand. (e) Write down any other constraints needed to complete the optimization problem

1. A certain computer company produces three kinds of computers, labelled A, B and C. This computer company has three factories, labelled 1, 2 and 3. The profit for each computer, the in-process space needed to produce each computer, and the market demand per day is indicated below: Product: C A B 350 550 300 10 Market demand/ day: 900 1200 750 Profit ($): In-process space (ft2): 20 15 As long as the number of computers produced are not more than the market demand, they will be sold. The three factories have the following production space: Factory: 2 3 Production space (ft2): 13000 12000 5000 (a) Identify variables for the optimization problem (b) Write down the objective function (c) Write down the constraints for production space (d) Write down the constraints for market demand. (e) Write down any other constraints needed to complete the optimization problem

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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