Table 10-7
The Elastic Firm has two products coming on the market: Zigs and Zags.To make a Zig,the firm needs 10 units of product A and 15 units of product B.To make a Zag,they need 20 units of product A and 30 units of product B.There are only 2,000 units of product A and 3,200 units of product B available to the firm.The profit on a Zig is $4 and on a Zag it is $6.Management objectives in order of their priority are:
(1) Produce exactly 50 Zigs.
(2) Achieve a target profit of at least $750.
(3) Use all of the product B available.
Let X1 = number of Zigs,X2 = number of Zags.
d1- = underachievement of Zig goal
d1+ = overachievement of Zig goal
d2- = underachievement of profit target
d2+ = overachievement of profit target
d3- = unused product B
d3+ = additional amount of product B needed
-In the goal programming problem described in Table 10-7,what is the optimal solution?
A) X1 = 75 + X2 = 91.67
B) X1 = 91.67 + X2 = 50
C) X1 = 50 + X2 = 75
D) X1 = 50 + X2 = 91.67
E) X1 = 75 + X2 = 50
Correct Answer:
Verified
Q57: Terms that are minimized in goal programming
Q58: Consider the following 0-1 integer programming problem:
Q59: The following Q60: Consider the following 0 - 1 integer Q61: Table 10-5 Q63: Agile Bikes has manufacturing plants in Salt Q64: A model containing a linear objective function Q65: Table 10-3 Q66: Table 10-7 Q67: Table 10-4
Maximize Z = 34 X1 +
A company has decided to use
The Elastic Firm has two products
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents