Formulate the objective function

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Buenaflor Industries produces Vaccine A and Vaccine B. Each Vaccine B takes three hours of labor from the laboratory and one hour of labor from the quality control department. Each Vaccine A requires one hour of labor from the laboratory and two hours of labor from the quality control department. During the current week, 200 hours of laboratory time and 300 hours of quality control time are available. Each Vaccine B produced gives a profit of ?300.00 and each Vaccine A earns a profit of ?200.00. Use Linear Programming Graphical Method to solve for the optimal solution.

1) Identify the Decision Variables.

2) Formulate the Objective Function.

3) Formulate the Constraints.

4) How many units of Vaccine A should be produced to maximize profit?

5) How many units of Vaccine B should be produced to maximize profit?

6) How much is the maximum profit?

7) If you are the operations manager are you going to give your go signal to produce the two vaccines? Why? Why not? Elaborate your answer?

Reference no: EM132956800

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