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Question
An auto company manufactures cars and trucks. Each vehicle must be processed in the paint shop and body assembly shop. If the paint shop were only painting trucks, then 40 per day could be painted. If the paint shop were only painting cars, then 60 per day could be painted. 12 If the body shop were only producing cars, then it could process 50 per day. If the body shop were only producing trucks, then it could process 50 per day. Each truck contributes $300 to profit, and each car contributes $200 to profit. Use CPLEX and solve the linear programming problem to determine a daily production schedule that will maximize the company's profits. Hint: Decision variables (x1 and x2) are the number of trucks and cars produced daily.
Using the above scenario, which one of the sectors would you prefer to serve as a Supply Chain Manager? Why?
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If the company has available 100 pounds of material I and 200 pounds of material II, and if the profits for the three products are $20, $20, and $15, respectively, how much of each product should be produced to maximize profits?
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