An Electrical Company has two manufacturing plants. The cost in dollars of producing an Amplifier at each of the two plants is given below. The cost of producing Q1 Amplifiers at first plant is:
65Q1 + 4Q12+ 90
and the cost of producing Q2 Amplifiers at the second plant is
20Q2 + 2Q22+ 120
The company needs to manufacture at least 60 Amplifiers to meet the received orders. How many Amplifiers should be produced at each of the plant to minimize the total production cost? Round the answers to two decimal places and the total cost to the nearest dollar value.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q45: Consider the stock return data given
Q46: Consider the following data on the
Q47: Consider the economic order quantity (EOQ)
Q48: Mark and his friends are planning
Q49: Develop a model that minimizes semivariance
Q50: Jeff is willing to invest $5000 in
Q51: Consider the stock return data given
Q52: Jim must solve a nonlinear optimization
Q53: Jim must solve a nonlinear optimization
Q54: Gatson manufacturing company is willing to promote
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