60.1K

Verified Solution

Link Copied!

TOPIC Linear Programming ACTIVITY TITLE Discussion: Read and solve the below questions carefully -Define appropriate quantitative concepts and theories in solving business related problems. 2-Use basic concepts of quantitative tools and techniques in various business decision models 3- Solve problems using appropriate quantitative tools and techniques related to business situations. 4-Formulate quantitative analysis to be used in decision making and forecasting. s-Critically evaluate inferences based on appropriate quantitative models used in business decision making in areas of linear programming and decision analysis. ACTIVITY DIRECTION & A manufacturer makes two products, doors and windows. Each must processed through two REQUIREMENT/S work areas. Work area #1 has 60 hours of available production time. Work area #2 has 48 hours of available production time, Manufacturing of a door requires 4 hours in work area 1 and 2 hours in work arca #2. Manufacturing of a window requires 2 hours in work area #1 and 4 hours in work area #2. Profit is $5 per door and $3 per window. Formulate and solve this LP production-mix situation, and find the best combination of doors and windows that yields the highest profit Use: x=number doors to build y=number of windows to build

Answer & Explanation Solved by verified expert

See Answer