Linear Optimization Model

profilettolbert

Klein Industries manufactures three types of portable air compressors: small, medium, and large, which have unit profits of $20.50, $34.00, and $42.00, respectively. The projected monthly sales are:

 

 

                  Small  Medium  Large

 Minimum  14,000   6,200  2,600

 Maximum  21,000  12,500  4,200

 

 

 The production process consists of three primary activities: bending and forming, welding, and painting. The amount of time in minutes needed to process each product in each department is shown below:

                                 Small  Medium  Large  Available Time 

Bending/forming            0.4       0.7       0.8       23,400

Welding                       0.6       1.0       1.2       23,400

Painting                       1.4       2.6       3.1       46,800

  

How many of each type of air compressor should the company produce to maximize profit?

 a.  Formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the sensitivity information.

 b.  Solve the model without the auxiliary variables and explain the relationship between the reduced costs and the shadow prices found in part a.

    • 7 years ago
    • 10
    Answer(6)

    Purchase the answer to view it

    • attachment
      lpp_with_auxiliary_variables.xlsx
    • attachment
      lpp_without_auxiliary_variables.xlsx
    • attachment
      sensitivity_lpp_with_auxiliary.docx

    Purchase the answer to view it

    NOT RATED
    • attachment
      klein_industries_manufactures_1.xlsx
    • attachment
      klein_industries_manufactures_1.docx

    Purchase the answer to view it

    NOT RATED
    • attachment
      8522375_answer.xlsx

    Purchase the answer to view it

    NOT RATED
    • attachment
      question_1.docx
    • attachment
      klein-industries_1.xlsx

    Purchase the answer to view it

    NOT RATED
    • attachment
      klein_industries.xlsx

    Purchase the answer to view it

    NOT RATED
    • attachment
      PHI445Week2PersonalOrganizationalEthicsKleinIndustries.xlsx
    Bids(1)