A manufacturing company has a pool of 50 labor hours. A customer has requested two products, Product A and Product B, and has requested 15 and 20 of each respectively. It requires 2 hours of labor to produce Product A and 3 hours of labor to produce Product B. The company can obtain up to 50 additional hours of labor if required. In-house labor costs $25 per hour while contracted labor costs $45 per hour. The following network flow model captures this problem.
Write out the LP formulation for this problem.
Definitions:
Detrimental
Refers to something that causes damage, harm, or a negative effect.
Managerial Control
The authority and processes through which managers direct and organize resources, activities, and people to achieve organizational goals.
Job Classifications
A system of categorizing and organizing jobs based on duties, responsibilities, and often, compensation levels.
Management Practices
Encompasses the strategies, methods, and behaviors managers use to operate and guide organizations effectively towards their objectives.
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