A Steel Manufacturing company has two production facilities that manufacture Dishwashers. Production costs at the two facilities differ because of varying labor costs, local property taxes, type of material used, volume, and so on. For Plant A, the weekly costs for producing a number of units of Dishwashers is expressed as a function
TCA(X) = X2 - 2X + 12000
where X is the weekly production volume and TCA(X) is the weekly cost for Plant A. Plant B's weekly production costs are given by
TCB(Y) = Y2 + 8Y + 10000
where Y is the weekly production volume and TCB(Y) is the weekly cost for Plant B. The manufacturer would like to produce 50 dishwashers per week at the lowest possible cost.
a. Formulate a mathematical model that can be used to determine the optimal number of dishwashers to produce each week at each facility.
b. Solve the optimization model to determine the optimal number of dishwashers to produce at each facility.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q38: In reviewing the image below, what is
Q38: In the Bass forecasting model, parameter m
A)measures
Q40: Using the graph given below, which of
Q40: One of the ways to formulate the
Q41: Consider the following data on the
Q43: Roger is willing to promote and sell
Q44: The exponential smoothing model is given
Q45: Consider the stock return data given
Q46: Consider the following data on the
Q47: Consider the economic order quantity (EOQ)
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