Kalyan singhal corp makes three products and it has three, Ask an Expert

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Kalyan Singhal Corp. makes three products, and it has three machines available as resources as given in the following LP problem:

Maximize contribution = 6X1 + 8X2 + 4X3

Subject to:

1X1 + 7X2 + 4X3 <= 72(hours on machine 1)

2X1 + 1X2 + 7X3 <= 76 (hours on machine 2)

8X1 + 4X2 + 1X3 <= 72 (hours on machine 3)

X1, X2, X3 >=0

(a) Determine the optimal solution using LP software. the optimal achieved is

X1=

X2-

X3=

contribution =

(b) Is there unused time available on any of the machines with the optimal solution?

(d) How much would the firms profit increase if an extra 15 hours of time were made available on the second machine at no extra cost?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91578243

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