Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. jobco produces two products on two machines. a uni

JOBCO produces two products on two machines. A unit of product 1 requires 2 hours on...

80.2K

Verified Solution

Question

Statistics

JOBCO produces two products on two machines. A unit of product 1requires 2 hours on machine 1 and 1 hour on machine 2. For product2, a unit requires 1 hour on machine 1 and 3 hours on machine 2.The revenues per unit of products 1 and 2 are $30 and $20,respectively. The total daily processing time available for eachmachine is 8 hours. Letting x1 and x2 represent the daily number ofunits of products 1 and 2, respectively, the LP model is givenas

max z=30x1+20x2

s.t.

2x1+x2 ≤8

x1+3x2 ≤8

x1,x2 ≥ 0

equation to be solved using simplex method.

If JOBCO can increase the capacity of both machines, whichmachine should receive higher priority?

I need it to be solved in details using shadow price and deltain the right hand side.

Answer & Explanation Solved by verified expert
4.4 Ratings (940 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

I have an issue understanding maternally and paternally imprinted gene questions. Here are some examples: 1. A phenotypically...

Biology
Q

Given what we know about brain mechanisms in memory, are our memories accurate? Explain your answer...

Psychology
Q

How would you identify the anode of an unmarked diode? What is the significance, if any,...

Physics
Q

A cinema has a single ticket counter that is manned by a cashier. The cashier is...

General Management
Q

Jason and his team were working on finding the points of intersection of f(x) =...

Basic Math
Q

Let f(x) = 6/x-3Use the limit definition of the derivative to differentiate f.f'(x) = ?Determine...

Calculus
Q

Direction: Read the transactions carefully and produce the required. 2. The...

Accounting
Q

Recaptured depreciation is best described as: 6 Multiple Choice 1 points When CCA...

Accounting
Q

please help me with my accounting hw assets = Accounts payable Building...

Accounting
Q

10.0. Abraham, Isaac, and Jacob each have a capital balance of $50,000.Abraham is very old...

Accounting
Q

4. Suppose you could save $150 a month for the next 35 years. If you...

Finance
Q

The following data are for Cabin Craft Apparel: East ...

Accounting