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G&P Manufacturing would like to minimize the labor cost of producing dishwasher motors for a major appliance manufacturer.Although two models of motors exist,the finished models are indistinguishable from one another; their cost difference is due to a different production sequence.The time in hours required for each model in each production area,along with the labor cost,is shown in the table below.
Currently,labor assignments provide for 10,000 hours in both areas A and B and 18,000 hours in area C.If 2000 hours are available to be transferred from area B to area A and 3000 hours are available to be transferred from area C to either area A or area B,develop the linear programming model whose solution would tell G&P how many of each model to produce and how to allocate the workforce.
Capitalism
An economic system in which private individuals or businesses own capital goods and the production of goods and services is based on supply and demand in the market.
Unpleasant Side Effects
Negative outcomes or consequences that may occur as a result of a particular action or policy.
Pollution
Pollution is the introduction of harmful substances or products into the environment, negatively impacting the planet's ecosystems and human health.
Market System
An economic system where decisions about production, investment, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
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