Philips machinery is trying to determine its product mix for next year. Itproduces two products, a mixer and a blender. Philips makes about $80 profiton each mixer and $60 on each blender. Philip's factory capacity is limited bylabor, materials and machinery. Only 150,000 hours of labor are available nextyear, and each mixer uses 10hours and each blender uses 5hours. Only 300,000pounds of steel are available next year, and each mixer uses 10pounds andeach blender uses 15pounds. Only 190,000 machine hours are available nextyear, and each mixer uses 5hours and each blender uses 4 hours.a. Formulate the objective function and the constraint function for Philip'smachinery. Determine the decision variables.b. Solve Philip's machinery simultaneously and graphically. What is theoptimal solution?c. How many mixers and blenders should Philip include in its business planfor next year? ..d. How much profit will result?

Linear programming is a mathematical technique that is also used in operations management…

Answered: a. Formulate the objective function and…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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