A company is involved in the production of two items (X and Y). The resources need to produce X and Y are twofold, namely machine time for automatic processing and craftsman time for hand finishing. The table below gives the number of minutes required for each item:
Machine time Craftsman time
Item X 13 20
Y 19 29
The company has 40 hours of machine time available in the next working week but only 35 hours of craftsman time. Machine time is costed at $100 per hour worked and craftsman time is costed at $20 per hour worked. Both machine and craftsman idle times incur no costs. The revenue received for each item produced (all production is sold) is $200 for X and $300 for Y. The company has a specific contract to produce 10 items of X per week for a particular customer.
Please solve step by step and explain
Thank you!
Number of Product X=X1
Number of Product Y=X2
As, we will maximize revenue, so Objective function Z=200*X1+300*X2
Constraints:
13*X1+19*X2=<40*60 or 2400
20*X1+29*X2=<35*60 or 2100
X1>=10
Here, X1 and X2 >=0
13*X1+19*X2=<40*60 or 2400
X1 | X2 |
0.00 | 126.32 |
184.62 | 0.00 |
20*X1+29*X2=<35*60 or 2100
X1 | X2 |
0.00 | 72.41 |
105.00 | 0.00 |
optimal solution:
Number of Product X=X1=10
Number of Product Y=X2=65.52
Revenue=21655.17
Machine Time
13*X1+19*X2=<40*60 or 2400
13*10+19*65.52=<40*60 or 2400
Machine time is 1374.88 =1375 Minutes=22.92 hours
Crafts man time
20*X1+29*X2=<35*60 or 2100
20*10+29*65.52=<35*60 or 2100
Crafts man time=2100 Minutes=35 Hours
Machine cost =22.92*100=$2292
Crafts man =20*35=$700
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