3) Cherillee Toys makes a fiberglass tricycle for kids that is composed of three major components:...

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Advance Math

3) Cherillee Toys makes a fiberglass tricycle for kids that iscomposed of three major components: a handlebar-front wheel-pedalassembly, a seat, and frame unit, and rear wheels. The company hasorders for 12,000 of these tricycles. The company does not have theresources available to manufacture everything needed for thecompletion of 12,000 tricycles so it has gathered purchaseinformation for each component.

The following table shows relevant information:

Requirements

Cost to

Manufacture

Cost to

Purchase

Component

Plastic

Time

Space

Front

3

10

2

8

12

Seat/Frame

4

  6

2

6

  9

Rear wheel (each)

.5

  2

.1

1

  3

     Available

50,000

160,000

30,000

Develop a linear programming model to advise the operationsmanager of Cherillee Toys how many of each component should bemanufactured and how many should be purchased in order to provide12,000 fully completed tricycles at the minimum cost.

PLEASE FINISH THIS PROBLEM USING EXCEL

Answer & Explanation Solved by verified expert
4.1 Ratings (591 Votes)
after solving the linear programming problem we getthe number of    See Answer
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