A Company Makes 2 Products a and B from 2

question 9

Essay

A company makes 2 products A and B from 2 resources,labor and material.The products have the following resource requirements and produce the accompanying profits.The available quantity of resources is also shown in the table.
$$\begin{array} { l r r c } \text { Praduct } & \text { A } & \text { B } & \text { Available resources } \\\hline \text { Labor hr/unit) } & 3 & 2 & 150 \\\text { Material ounces/unit) } & 1 & 2 & 200\\\text { Profit\$/unit)}&7&6\end{array}$$
Management has developed the following set of goals
Goal 1: Produce approximately 40 units of product 1.
Goal 2: Produce approximately 70 units of product 2.Goal 3: Achieve a profit over $400.
Goal 4: Consume less than 150 hours of labor Goal 5: Consume less than 200 ounces of material
Formulate a goal programming model of this problem.

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Definitions:

Coordination

The process of organizing activities and resources efficiently and effectively to achieve defined goals and objectives within an organization.

Direct Contact

The immediate, face-to-face interaction or communication between individuals, without the use of intermediaries or technology.

Organization Members

Individuals who belong to and participate in the functioning of an organization, including employees, managers, and stakeholders.

Functional Departmentation

The organization of a company into departments based on functions, such as marketing, finance, and production.