Solved

A Company Is Developing Its Weekly Production Plan The Decision Variables Are Defined as
Xi = the Amount

Question 29

Multiple Choice

A company is developing its weekly production plan.The company produces two products,A and B,which are processed in two departments.Setting up each batch of A requires $60 of labor while setting up a batch of B costs
$80) Each unit of A generates a profit of $17 while a unit of B earns a profit of $21.The company can sell all the units it produces.The data for the problem are summarized below.
Hours required by
 Operation  A  B  Hours  Cutting 3448 Welding 2136\begin{array} { r c c c } \text { Operation } & \text { A } & \text { B } & \text { Hours } \\\hline \text { Cutting } & 3 & 4 & 48 \\\text { Welding } & 2 & 1 & 36\end{array}
The decision variables are defined as
Xi = the amount of product i produced Yi = 1 if Xi > 0 and 0 if Xi = 0
What is the objective function for this problem?


A) MAX: 17 X1 + 21 X2
B) MAX: 17 X1 + 21 X2 ? 60 Y1 ? 80 Y2
C) MIN: 17 X1 + 21 X2 ? 60 Y1 ? 80 Y2 d.MIN: 60 Y1 + 80 Y2

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