A small metal press shop makes Ash Trays and Tea Trays. The process consists of
buying sheet metal from the market, cutting out appropriate pieces of ash tray/tea tray on
stamping machines, forming the stamped pieces into ash tray/tea tray and finally painting
in the Spray Painting Booth. The finished products are sold through a distributor who is
ready to take any amount that can be supplied. The stamping capacity is 3,000 seconds
per day and a tea tray takes 20 seconds to stamp while an ash tray takes 10 seconds to
stamp. Forming capacity is the same as stamping but forming a tea tray takes only 5
seconds while an ash tray takes 15 seconds to be formed. Painting capacity is 4,000
seconds
per day requiring 10 seconds for an ash tray and 8 seconds for a tea tray. The net
realisation for a tea tray is Rs.2.50 with a variable cost of Rs.2.20. An ash tray fetches
Rs. 1.50 against a variable cost of Rs.1.30. The fixed expenses are Rs. 350 per day. Read
the above problem carefully and formulate this product mix problem Solve it graphically
to maximize the profit.
Answers
Answer:
Tea Trays. The process consists of
buying sheet metal from the market, cutting out appropriate pieces of ash tray/tea tray on
stamping machines, forming the stamped pieces into ash tray/tea tray and finally painting
in the Spray Painting Booth. The finished products are sold through a distributor who is
ready to take any amount that can be supplied. The stamping capacity is 3,000 seconds
per day and a tea tray takes 20 seconds to stamp while an ash tray takes 10 seconds to
stamp. Forming capacity is the same as stamping but forming a tea tray takes only 5
seconds while an ash tray takes 15 seconds to be formed. Painting capacity is 4,000
seconds
per day requiring 10 seconds for an ash tray and 8 seconds for a tea tray. The net
realisation for a tea tray is Rs.2.50 with a variable cost of Rs.2.20. An ash tray fetches
Rs. 1.50 against a variable cost of Rs.1.30. The fixed expenses are Rs. 350 per day. Read
the above problem carefully and formulate this product mix problem Solve it graphically
to maximize the profit