How production be allocated in order to maximize profit

Reference no: EM132352335

Problems: Nonlinear Problems

Frigid Air company produces three different types of industrial refrigerators; A, B and C. The production capacity of the plant is 1000 units per week. Sales department calculates the unit prices for these products as follows, A = $1000, B = $1200, C = $1500. The manufacturing costs for these products are calculated by the following formulas:

For A= 200A + A²

For B = 250B + B²

For C = 350C + C²

How should the production be allocated in order to maximize profit? (Hint: Production numbers should be integers).

Note - Use APA format and solve the problem using linear programming and Excel Solver. Create a document that includes both the problem that was assigned to you and the solution.

Reference no: EM132352335

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