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The Byte Computer Company Produces Two Models of Computers,Plain and Fancy.It

question 25

Essay

The Byte computer company produces two models of computers,Plain and Fancy.It wants to plan how many computers to produce next month to maximize profits.Producing these computers requires wiring,assembly and inspection time.Each computer produces a certain level of profits but faces a limited demand.There are a limited number of wiring,assembly and inspection hours available next month.The data for this problem is summarized in the following table.
 Mazamum  Assembly  Inspectio  Computer  Profit per  demand for  Wiring Hours  Hours  n  Model  Madel 5 )  product  Required  Required  Haurs  Plain 30800.40.50.2 Fancy 40900.50.40.3 Hour5 Ayailable 505022\begin{array} { l c c c c c } & & \text { Mazamum } & \text { Assembly } & \text { Inspectio } \\\text { Computer } & \text { Profit per } & \text { demand for } & \text { Wiring Hours } & \text { Hours } & \text { n } \\ \text { Model } & \text { Madel } 5 \text { ) } & \text { product } & \text { Required } & \text { Required } & \text { Haurs } \\\hline \text { Plain } & 30 & 80 & 0.4 & 0.5 & 0.2 \\\text { Fancy } & 40 & 90 & 0.5 & 0.4 & 0.3 \\\hline & & \text { Hour5 Ayailable } & 50 & 50 & 22\end{array}
a.Formulate the LP model for this problem.
b.Solve the problem using the graphical method.


Definitions:

Definition Of An Element

In accounting, an element refers to the essential categories into which all financial transactions can be classified, such as assets, liabilities, equity, revenue, and expenses.

Financial Flexibility

The ability of an entity to adapt to unforeseen expenses or investment opportunities without significant stress.

Resources

Assets, both tangible and intangible, that are owned or controlled by a business and can produce value.

Adapt

The act of making adjustments or changes in order to better suit a new environment, situation, or set of conditions.

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