Solved

Simplon Manufacturing Must Decide on the Processes to Use to Produce

Question 60

Essay

Simplon Manufacturing must decide on the processes to use to produce 1650 units.If machine 1 is used,its production will be between 300 and 1500 units.Machine 2 and/or machine 3 can be used only if machine 1's production is at least 1000 units.Machine 4 can be used with no restrictions.  Machine  Fixed  cost  Variable  cost  Minimum  Production  Maximum  Production 15002.00300150028000.50500120032003.001008004505.00 any  any \begin{array} { c c c c c } \text { Machine } & \begin{array} { c } \text { Fixed } \\\text { cost }\end{array} & \begin{array} { c } \text { Variable } \\\text { cost }\end{array} & \begin{array} { c } \text { Minimum } \\\text { Production }\end{array} & \begin{array} { c } \text { Maximum } \\\text { Production }\end{array} \\\hline 1 & 500 & 2.00 & 300 & 1500 \\2 & 800 & 0.50 & 500 & 1200 \\3 & 200 & 3.00 & 100 & 800 \\4 & 50 & 5.00 & \text { any } & \text { any }\end{array} (HINT: Use an additional 0 - 1 variable to indicate when machines 2 and 3 can be used.)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents