Klein Industries manufactures three types of portable air compressors: small, medium and large, which have units 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 2

Klein Industries manufactures three types of portable  air compressors: small, medium and large, which have units profits of $20.50, $34.00 and $42.00, respectively.The projected monthly sales are:SmallMediumlargeMinimum14,0006,2002,600maximum21,00012,5004,200The 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:SmallMediumLargeAvailable timeBending/forming0.40.70.823,400Welding0.61.01.223,400Painting1.42.63.146,800How 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 variables cells methods 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.P

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.


The post Klein Industries manufactures three types of portable air compressors: small, medium and large, which have units 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 2 appeared first on Top Premier Essays.

"Is this qustion part of your assignmentt? We will write the assignment for you. click order now and get up to 40% Discount"