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1. Consider the problem of a toy company that produces toy planes and toy boats. The toy company can sell its planes for
Posted: Thu May 05, 2022 7:03 pm
by answerhappygod
- 1 Consider The Problem Of A Toy Company That Produces Toy Planes And Toy Boats The Toy Company Can Sell Its Planes For 1 (48.49 KiB) Viewed 32 times
1. Consider the problem of a toy company that produces toy planes and toy boats. The toy company can sell its planes for $10 and its boats for $8 dollars. A plane requires 3 hours to make and 1 hour to finish while a boat requires 1 hour to make and 2 hours to finish. The toy company knows it will not sell more than 35 planes per week. Further, given the number of workers, the company cannot spend more than 160 hours per week finishing toys and 120 hours per week making toys. The company wishes to maximize the sales/revenue it makes by choosing how much of each toy to produce. A. Develop the linear programming model that maximizes sales/revenue. B. Use online graphing tool to determine the feasible solution. Take a screenshot of it. C. What are the corner points of the feasible region? D. How many of each type of toy must he produce to maximize sales/revenue? What is the maximum sales/revenue? PLANE BOAT REVENUE 10 8 3 TIME TO MAKE 1 120 160 TIME TO FINISH 2 1