SOLUTION: A factory makes three products called Spring, Autumn, and Winter, from three materialscontaining Cotton, Wool and Silk. The following table provides details on the sales price,pro
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Question 1145917: A factory makes three products called Spring, Autumn, and Winter, from three materialscontaining Cotton, Wool and Silk. The following table provides details on the sales price,production cost and purchase cost per ton of products and materials respectively.Sales price Production costPurchase priceSpring$60$5Cotton$30Autumn$55$4Wool$45Winter$60$5Silk$50The maximal demand (in tons) for each product, the minimum cotton and wool propor-tion in each product is as follows:Demandmin Cotton proportionmin Wool proportionSpring450050%30%Autumn300050%40%Winter350040%50%a) Formulate an LP model for the factory that maximises the profit, while satisfying thedemand and the cotton and wool proportion constraints
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
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