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Lunna [17]
1 year ago
10

a manufacturer makes two types of rubber, butadiene and polyisoprene. the plant has two machines, machine-1 and machine-2, which

are used to make the rubber strips. manufacturing one strip of butadiene requires 2.75 hours on machine-1 and 3 hours on machine-2. processing one strip of polyisoprene takes 3.5 hours on machine-1 and 4 hours on machine-2. machine-1 is available 180 hours per month, and machine-2 is available 200 hours per month. formulate an all-integer mathematical model that will determine how many units of each type of rubber should be produced to maximize profits if the profit contributions of butadiene and polyisoprene are $20 and $26, respectively.
Business
1 answer:
nignag [31]1 year ago
4 0

The all-integer model that determines how many units of each type of rubber should be produced to maximize profits is given by:

  • Maximize: P(x,y) = 20x + 26y.
  • Constraint 1: 2.75x + 3.5y ≤ 180.
  • Constraint 2: 3x + 4y ≤ 200.
  • Constraint 3: x ≥ 0, y ≥ 0.

<h3>How to maximize profit?</h3>

The profit is maximized using linear programming, for a system of equalities/inequalities, in which the variables are given as follows:

  • Variable x: number of units of butadiene produced.
  • Variable y: number of units of polyisoprene produced.

The profit contributions of butadiene and polyisoprene are $20 and $26, hence the profit function is defined as follows:

P(x,y) = 20x + 26y.

The number of units is a countable amount, hence the values of x and y should be positive, and the constraint is of:

x ≥ 0, y ≥ 0.

Machine-1 is available 180 hours per month, hence the constraint relative to machine-1, considering the time needed for each unit, is of:

2.75x + 3.5y ≤ 180.

Machine-2 is available 200 hours per month, hence the constraint relative to machine-2, considering the time needed for each unit, is of:

3x + 4y ≤ 200.

More can be learned about linear programming at brainly.com/question/14309521

#SPJ1

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Answer:

Part 1. $500 required

Part 2. $1,500 required

Explanation:

<u>Part 1.</u>

                                     <u>Northern Auto Parts</u>

                                           <u>Cash Budget</u>

<u>Cash Receipts:</u>

                                                         January       February

Beginning cash balance                     10600         10500

Cash receipts from customers            11300          14700  

Cash receipt on note receivable       <u>  6500              0     </u>

Cash available                                     28400        25200

<u></u>

<u>Cash payments:</u>    

Purchases of inventory                         14400           12200

Selling and administrative expenses  <u>  3500            3500  </u>

Total cash payments                          17900           15700

Now

                                                                              $                  $

<u>Cash Receipts:</u>                                                  28400        25200

<u>Cash payments:</u>                                             <u> </u><u>17900         15700 </u>

Ending cash balance before financing          10500           9500  

<u>Less</u>: Ending cash balance Required             <u> 10000          10000 </u>

Projected cash excess                                       500             -500  

Total effects of financing                                 <u>     0                 500  </u>

Ending cash balance                                         10500          10,000

<u></u>

<u></u>

<u>Part 2.</u>

<u>Cash Receipts:</u>

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Beginning cash balance                     10600         10500

Cash receipts from customers            11300          13700  

Cash receipt on note receivable       <u>  6500              0     </u>

Cash available                                     28400        24200

<u></u>

<u>Cash payments:</u>    

Purchases of inventory                         14400           12200

Selling and administrative expenses  <u>  3500            3500  </u>

Total cash payments                          17900           15700

Now

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<u>Cash Receipts:</u>                                                  28400        24200

<u>Cash payments:</u>                                             <u> </u><u>17900         15700 </u>

Ending cash balance before financing          10500           8500  

<u>Less</u>: Ending cash balance Required             <u> 10000          10000 </u>

Projected cash excess                                       500             -1500  

Total effects of financing                                 <u>     0                1500  </u>

Ending cash balance                                         10500          10,000  

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