Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and
Posted: Tue Jul 05, 2022 11:42 am
(b) Solve the linear program formulated in part (a). How much of each product should be produced, and what is the projected total profit contribution (in dollars)? (P₁, P₂, P3) = 60, 80, 60 (c) After evaluating the solution obtained in part (b), one of the production supervisors noted that production setup costs had not been taken into account. She noted that setup costs are $380 for product 1, $560 for product 2, and $590 for product 3. If the solution developed in part (b) is to be used, what is the total profit contribution (in dollars) after taking into account the setup costs? $ (d) Management realized that the optimal product mix, taking setup costs into account, might be different from the one recommended in part (b). Formulate a mixed-integer linear program that takes setup costs into account. Management also stated that we should not consider making more than 140 units of product 1, 160 units of product 2, or 170 units of product 3. (Let P; = units of product i produced and y; be the 0-1 variable that is one if any quantity of product iis produced and zero otherwise, for i = 1, 2, 3.) What is the objective function of the mixed-integer linear program? Max In addition to the constraints from part (a), what other constraints should be added to the mixed-integer linear program? s.t. units of Product 1 produced with profit $ units of Product 2 produced units of Product 3 produced P1 P2 P320; V₁ Y2Y3 = 0, 1
(e) Solve the mixed-integer linear program formulated in part (d). How much of each product should be produced, and what is the projected total profit (in dollars) contribution? (P1 P2 P31 Y11 Y21 Y 3) = with profit $