A company produces 3 widgets using two different machines. Every Widget A made requires 10 minutes of operation on machine 1 and 20 minutes of operation on machine 2. Widget A can be sold for $4 an item. Every Widget B requires 2 minutes of operation on machine 1 and 15 minutes of operation on machine 2. Widget B can be sold for $5 an item Each Widget C requires 30 minutes of operation on machine 1 and 8 minutes of operation on machine 2. Widget C can be sold for $2.
Each week 1500 minutes are available on machine A and 1500 hours are available on machine B. Demand for Widget B is extremely high, but demand for Widget A is a maximum of 35 items each week and demand for Widget C a maximum of 20 items each week.
Use the simplex method to solve for the amount of each widget is to be produced for a maximum profit each week.


A company produces 3 widgets using two different machines. Every Widget A made requires 10 minutes...
A company makes two products (X and Y) using two machines (A and B). Each unit of X that is produced requires 50 minutes processing time on machine A and 30 minutes processing time on machine B. Each unit of Y that is produced requires 24 minutes processing time on machine A and 33 minutes processing time on machine B. At the start of the current week there are 30 units of X and 90 units of Y in stock....
3. Susan's widget factory produces as many as 1,200 widgets daily, and sells them for $26 each. If the rent on the plant and equipment is $13,000 per month, the raw material for each widget is $7.50 and workers are paid $19.00 per hour and one (1) worker can produce (30) widgets per hour - then: What is the 'breakeven' point? Point at which costs and revenues are equal. What is the maximum profit potential of this plant? What happens...
A manufacturing firm produces two machine parts, using lathes, milling machines and grinding machines. For lathe operations, part 1 takes 10 minutes for each unit, and part II takes 5 minutes per unit. The firm has a total lathe time of 2500 minutes per week. For milling operations, part 1 takes 4 minutes, and Part II takes 10 minutes per unit. There is a total of 2000 minutes available on the milling machines. For grinding, part 1 takes 1 minute...
10.00 points Tulip Company is made up of two divisions: A and B. Division A produces a widget that Division B uses in the production of its product. Variable cost per widget is $1.55; full cost is $2.80. Comparable widgets sell on the open market for $3.30 each. Division A can produce up to 3.00 million widgets per year but is currently operating at only 50 percent capacity. Division Bexpects to use 150,000 widgets in the current year Required: 1....
Tulip Company is made up of two divisions: A and B. Division A produces a widget that Division B uses in the production of its product. Variable cost per widget is $1.30; full cost is $2.10. Comparable widgets sell on the open market for $2.70 each. Division A can produce up to 2.50 million widgets per year but is currently operating at only 50 percent capacity. Division B expects to use 125,000 widgets in the current year. Required: 1. Determine...
A company manufacture two type's game's machines and each one requires a different manufacturing technique Machine one requires 22 labor hours, 4 testing hours and has profit of $125. Machine two requires 5 labor hours, 2 testing hours and has a profit of $80. The company has 500 hours available for labor y 250 hours for testing. It was being estimated that the demand for each machine it at most 25, and 40 for machine 1 and 2 respectively. Reformulate...
Widget Manufacturer A plant produces several related models of widgets. Production of each model involves the same machinery. The plant produces each model in separate production runs. Each production run has significant setup costs and the cost per setup is the same for every model. Also, the assembly of each unit requires hand labor (direct labor). The following costs were incurred during a recent year: a) direct labor costs. b) costs of placing orders to procure parts. c) costs of...
4. A company manufactures two products, X and Y by using three machines A, B, and c Each of the products has to be processed on each machines. The Table below shows (a) the hours required on each machine to produce one unit of each of the products (b) the total number of hours available on each machine (c) the profit made on one unit of each product. It is assumed that the profit is directly proportional to the number...
2) Jill Job Shop (3 points) JAll's Job shop buys two parts (Tegdiws and Widgets) for use in its production system from two different sappliers. The parts ape needed throughout the entire S2-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from i supplier who stops by every three weeks. Data for both prodacts are as follows: tem Tegdw Widget 14110 5,000 Annual demand...
A company produces two products on two machines. •A unit of Product 1 requires 2 hrs on machine 1 and 1 hr on machine 2. •For Product 2, a unit requires 1 hr on machine 1 and 3 hrs on machine 2. •The profitper unit of Products 1 and 2 are $30 and $20, respectively. •The total weeklyprocessing time available for each machine is 80hrs. Question 1: Let x be the number of units produced for Product 1 and y...