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A company makes two products (X and Y) using two machines (A and B).
Each unit of X that is produced requires 40 minutes processing time on machine A and 20 minutes processing time on machine B. Each unit of Y that is produced requires18 minutes processing time on machine A and 24 minutes processing time on machine B.
At the start of the current week there are 40 units of X and 100 units of Y in stock. Available processing time on machine A is forecast to be 50 hours and on machine B is forecast to be 45 hours.
The demand for X in the current week is forecast to be 75 units and for Y is forecast to be 95 units. Company policy is to maximize the combined sum of the units of X and the units of Y in stock at the end of the week.
REQUIRED
a) Formulate the problem of deciding how much of each product to make in the current week as a linear program.
Solve this linear program graphically.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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