A company manufactures two products A and B. These products are processed in the same machine. It takes 10 minutes to process one unit of product A and 2 minutes for each unit of product B and the machine operates for a maximum of 35 hours in a week. Product A requires 1kg and B 0.5kg of raw material per unit, the supply of which is 600kg per week. Market constraints on product B is known to be minimum of 800 units every week. Product A costs $5 per unit and sold at $10. product B costs $5 per unit and can be sold in the market at a unit price of $8. Determine by simplex method how many items of A and B per week can be produced to maximize profit.
Answers
Answer:
This is my answer friend:-
Step-by-step explanation:
Decision Variable: Let and be the number of products A and B respectively.
Objective function: Cost of product A per unit is $5 and the selling price is $10 per unit. Therefore Profit on one unit of product A = 10 −5 = $5.
units of product A contribute a profit of $5, profit contribution from one unit of product B = 8 −6 = $2 units of product B contribute a profit of $2 .The objective function is given by Maximize z = 5 + 2
Constraints: The requirement constraint is given by
10 + 2x2 ≤(35 × 60)
10 + 2x2 ≤2100.
The raw material constraint is given by,
+ 0.5x2 ≤600
Market demand for product B is 800 units every week
≥800
- Please Mark me as a brainlist
A and B can be produced P₂ ≥ 800 to maximize profit.
Given:
- Product A takes 10 minutes to process one unit.
- Product B takes 2 minutes for each unit.
- Product A requires 1 kg and B 0.5 kg of raw material per unit.
- Supply of raw material per week = 600 kg
- Market constraints on product B are known to have a minimum of 800 units weekly.
- Product A costs $5 per unit and can be sold at $10
- Product B costs $5 per unit and can be sold at $8.
To find:
The number of items of A and B per week can be produced to maximize profit.
Solution:
We can simply solve this type of mathematical problem by using the following process.
Now,
We can assume that P₁ and P₂ are the numbers of products A and B respectively.
Case-1:
The cost of product A is $5 and the market price is $10
∴ The profit on Product A = 10 - 5 = $5
P₁ units of product A contribute a profit of $5P₁
Case-2:
Product B costs $5 per unit and can be sold at $8
∴ The profit on Product B = 8 - 5 = $3
P₂ units of product B contribute a profit of $3P₂
As we know,
Maximize Profit = 5P₁ + 3P₂
Constraints:
The required constraint is
10P₁ + 2P₂ ≤ (35 × 60)
10P₁ + 2P₂ ≤ 2100
The raw material constraint is
P₁ + 0.5P₂ ≤ 600
Market demand for the product B is 800 units per week
So, P₂ ≥ 800
Hence, A and B can be produced P₂ ≥ 800 to maximize profit.
#SPJ2