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Profit Maximization in Manufacturing

The manufacturer can assemble desks and tables each week, with different assembly, buffing, and crating times for each. Desks profit $3 each and tables $4 each. The problem is to determine the number of each to make to maximize total weekly profit, subject to the time constraints of 20 hours assembly, 30 hours buffing, and 16 hours crating. The farmer needs minimum amounts of phosphoric acid, nitrogen, and potash for their crop. Mix A and B contain different amounts of each chemical per cubic yard. The problem is to determine the number of cubic yards of each mix to buy to meet chemical needs at minimum cost, given the per cubic yard prices of each mix.
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0% found this document useful (0 votes)
45 views1 page

Profit Maximization in Manufacturing

The manufacturer can assemble desks and tables each week, with different assembly, buffing, and crating times for each. Desks profit $3 each and tables $4 each. The problem is to determine the number of each to make to maximize total weekly profit, subject to the time constraints of 20 hours assembly, 30 hours buffing, and 16 hours crating. The farmer needs minimum amounts of phosphoric acid, nitrogen, and potash for their crop. Mix A and B contain different amounts of each chemical per cubic yard. The problem is to determine the number of cubic yards of each mix to buy to meet chemical needs at minimum cost, given the per cubic yard prices of each mix.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Problem 1:

A manufacturer makes wooden desks (X) and tables (Y). Each desk requires 2.5 hours to assemble, 3
hours for buffing, and 1 hour to crate. Each table requires 1 hour to assemble, 3 hours to buff, and 2
hours to crate. The firm can do only up to 20 hours of assembling, 30 hours of buffing, and 16 hours of
crating per week. Profit is $3 per desk and $4 per table. Maximize the prof it.

Problem 2:

Example: A farmer wants to customize his fertilizer for his current crop. He can buy plant food
mix A and plant food mix B. Each cubic yard of food A contains 20 pounds of phosphoric acid,
30 pounds of nitrogen and 5 pounds of potash. Each cubic yard of food B contains 10 pounds
of phosphoric acid, 30 pounds of nitrogen and 10 pounds of potash. He requires a minimum of
460 pounds of phosphoric acid, 960 pounds of nitrogen and 220 pounds of potash. If food A
costs $30 per cubic yard and food B costs $35 per cubic yard, how many cubic yards of each
food should the farmer blend to meet the minimum chemical requirements at a minimal cost?
What is this cost?

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