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Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below.
Fliptop Model Tiptop Model Available
Plastic 3 4 36
Ink Assembly 5 4 40
Molding Time 5 2 30
The profit for either model is $1000 per lot.
1. What is the linear programming model for this problem?
2. What are the boundary points of the feasible region?
3. What is the profitability at each boundary point of the feasible region?
4. Find the optimal solution.
5. Will there be excess capacity in any resource? If so, how much excess capacity?
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What happens if balance doesn''t exist
Suggest two reasons why it is necessary for business organizations to act ethically, and provide support for your rationale.
What is meant by Direct Cost? Ans: Direct Cost is Direct Material cost and Labour cost.
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