A company manufactures two products on two machines. The number of hours of machine time and labor depends on the machine and product as shown in the file P13_43.xlsx. The cost of producing a unit of each product depends on which machine produces it. Th.
I’m trying to study for my Excel course and I need some help to understand this question.
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A company manufactures two products on two machines. The number of hours of machine time and labor depends on the machine and product as shown in the file P13_43.xlsx.
The cost of producing a unit of each product depends on which machine produces it. These unit costs also appear in the same file and can be used to create your cost function (once you have defined your decision variables. (Remember there are four decision variables.)
There are 200 hours available on each of the two machines, and there are 400 labor hours available total.
This month at least 200 units of product 1 and at least 240 units of product 2 must be produced.
Finally, at least half of the product 1 requirement must be produced on machine 1, and at least half of the product 2 requirement must be produced on machine 2.
Determine how the company can minimize the cost of meeting this month’s requirements. This work is facilitated by using Excel Solver (in fact it is very hard to do without).
+ + + What would have to happen for you to be willing to produce more Product 2 on Machine 2? + + +
