1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anestetic [448]
3 years ago
9

A manufacturing company produces 3 different products A, B, and C. Three types of components, i.e., X, Y, and Z, are used in the

production of these products. One unit of product A requires 2 units of X, 2 units of Y, and 2 units of Z. One unit of product B requires 1 unit of X, 3 units of Y, and 2 units of Z. One unit of product C requires 1 unit of X, 2 units of Y, and 3 units of Z.Currently, the company has no existing inventory of the components. The company can purchase X at the price of $20 per unit but no more than 300 units due to the supplier's limited capacity constraint. The company can purchase Y at the price of $30 per unit without any upper limit. The company can purchase Z at the full price of $25 per unit for the first 100 units but the per unit price drops to $20 for the remaining units if any i.e., the purchase quantity in excess of 100 units). The market prices of the three products are $200 for A, $240 for B and $220 for C. The company knows that the demand for products A, B, and Care equal to 100, 80, and 90 units, respectively. Therefore, the company should not produce more than the demand for each product. However, the company incurs a per unit penalty of $40 for any unsatisfied demand. The company needs to decide the component płarchase plan and the production mix decisions to maximize its profits subject to all the business constraints described above. Formulate the company's problem as an optimization problem, i.e., providing the mathematical expressions for the decision variables, the objective function, and the constraints.
Mathematics
1 answer:
Murljashka [212]3 years ago
6 0

Answer:

Step-by-step explanation:

Using the Excel Formula:

Decision    Variable        Constraint              Constraint

A                     65                          65                         100

B                     80                          80                         80

C                     90                         90                          90

                      14100                    300                        300

= (150 *B3)+(80*B4) +(65*B5)-(100-B3+80-B4+90-B5)*90

Now, we have:

Suppose A, B, C represent the number of units for production A, B, C which is being manufactured

                             A              B                  C                Unit price

Need of X          2                 1                   1                     $20

Need of Y           2                3                  2                    $30

Need of Z           2                2                  3                    $25

Price of  

manufac -      $200          $240            $220      

turing

Now,  for manufacturing one unit of A, we require 2 units of X, 2 units of Y, 2 units of Z are required.  

Thus, the cost or unit of manufacturing of A is:

$20 (2) + $30(2) + $25(2)

$(40 + 60 + 50)

= $150

Also, the market price of A = $200

So, profit = $200 - $150 = $50/ unit of A

Again;

For manufacturing one unit of B, we require 1 unit of X, 3 units of Y, and 2 units of Z are needed and they are purchased at $20, $30, and 425 each.

So, total cost of manufacturing a unit of B is:

= $20(1) + $30(3) + $25(2)

= $(20 + 90+50)

= $160

And the market price of B = $240

Thus, profit = $240- $160  

profit = $80

For manufacturing one unit of C, we have to use 1 unit of X, 2 unit of Y, 3 units of Z are required:

SO, the total cost of manufacturing a unit of C is:

= $20 (1) + $30(2) + $25(3)

= $20 + $60 + $25

= $155

This, the profit = $220 - $155 = $65

However; In manufacturing A units of product A, B unit of product B & C units of product C.

Profit  --> 50A + 80B + 65C

This should be provided there is no penalty for under supply of there is under supply penalty for A, B, C is $40

The current demand is:

100 - A

80 - B

90 - C respectively

So, the total penalty

{(100 - A) + (80 - B) +(90 - C) } + \$40

This should be subtracted from profit.

So, we have to maximize the profit  

Z = 50A + 80B + 65C = {(100 -A) + (80 - B) + (90 - C)};

Subject to constraints;

we have the total units of X purchased can only be less than or equal to 300 due to supplies capacity

Then;

2A + B +C \le 300 due to 2A, B, C units of X are used in manufacturing A, B, C units of products A, B, C respectively.

Next; demand for A, B, C will not exceed 100, 80, 90 units.

Hence;

A \le 100

B \le 80

C \le 90

 

and A, B, C \ge 0 because they are positive quantities

The objective is:

\mathbf{Z = 50A + 80B + 65 C - (100 - A + 80 - B + 90 - C) * 40}

A, B, C \to Decision Varaibles;

Constraint are:

A \le 100 \\ \\  B \le 100 \\ \\ C \le 90 \\ \\2A + B + C \le 300 \\ \\ A,B,C \ge 0

You might be interested in
Whats 3squared correct to 5 decimal places​
Semenov [28]

Answer:

9.0000

Step-by-step explanation:

3 squared = 3*3 = 9

9 to 5 decimal places = 9.0000

pls mark as brainliest

8 0
3 years ago
What is the probability of flipping a coin and having heads land up five times in a row
Phantasy [73]

Answer:

1/32

Step-by-step explanation:

P(heads) = 1/2

P(5 heads) = (1/2)⁵ = 1/32

5 0
3 years ago
If 3/4(x) is 12, then what is x?
iren [92.7K]

Answer:

16

Step-by-step explanation:

The equation is 3/4x=12, so you would just divide 12 by 3/4 to get 16 as x

6 0
3 years ago
Read 2 more answers
Leftover Expression
Mumz [18]

The second leftover expression is not o(a+b). It is 6(a + b). I have attached the correct question to depict that.

Answer:

The equivalent expressions are;

8a + 2 and 6a + 6b

Step-by-step explanation:

The two leftover expressions are given as;

2(4x + 1) and 6(a + b)

In algebra, equivalent expressions are simply those expressions which when simplified, give the same resulting expression as the initial one.

Thus simply means expanding or collecting like times to make it clearer.

Now, in our question, like terms have already been collected. This means that to find an equivalent expression, we will just expand the bracket.

Thus;

2(4x + 1) will be expanded by using the 2 outside the bracket to multiply the terms inside the bracket. This gives;

8x + 2

Similarly,

6(a + b) will be expanded by using the 2 outside the bracket to multiply the terms inside the bracket. This gives;

6a + 6b

Thus;

The equivalent expressions are;

8a + 2 and 6a + 6b

4 0
3 years ago
Write the expanded form of the decimal 0.082¯ using powers of 10
Softa [21]

Answer:

0.082 = 8.2× 10^-2

Step-by-step explanation:

Given the decimal number 0.082, the expanded form using the power of 10 can be gotten by writing the decimal number in standard format(writing as a multiple of 10).

To do that we will shift the decimal point to the front up to the front of digit 8. This shows that the decimal point will be shifted 2times to the front. Since of is shifted 2times to the front, our power of 10 will be -2.

0.082 = 8.2× 10^-2

This gives the required answer.

Note that, the power of 10 is positive when decimals are shifted to the back and negative when shifted to the front(in this case).

3 0
3 years ago
Other questions:
  • Which equation could be used to solve this problem?
    15·1 answer
  • A triangle can contain 1 or less obtuse angles Indirect proof
    13·1 answer
  • What is the simplified form of 2 over x squared minus x minus 1 over x ? (2/x^2-x) - (1/x)
    12·1 answer
  • Find the quotient of 9\4 3\8<br>​
    13·1 answer
  • Please help ASAP pLEASE
    5·1 answer
  • tienes tres cajas. Cada una de ellas tiene una información. Caja 1:El oro esrá aquí,Caja 2: El oro no está aquí, Caja 3: El oro
    10·1 answer
  • I want help,can you help me..​
    14·2 answers
  • You received a $178 per month raise. That was a 5% increase. What was your monthly salary before the increase? Show work please
    8·1 answer
  • Which expression represents a number that is 8 times as large as 19, 520 - 1,478?
    13·1 answer
  • HELP ME PLEASE I REALLY NEED THE ANSWER! THIS IS REALLY HARD! (THE ANSWER IS NOT A I HAVE TRIED IT AND IT WAS WRONG AND ITS AN A
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!