Bullseye Shirt Company Makes Three Types of Shirts: Athletic, Varsity

question 61

Short Answer

Bullseye Shirt Company makes three types of shirts: athletic, varsity, and surfer. The shirts are made from different combinations of cotton and rayon. The cost per yard of cotton is $5 and the cost for rayon is $7. Bullseye can receive up to 4000 yards of cotton and 3000 yards of rayon per week.
The table below shows relevant manufacturing information:



-Assume that the decision variables are defined as follows:
A = total number of athletic shirts produced
V = total number of varsity shirts produced
S = total number of surfer shirts produced
C = yards of cotton purchased
R = yards of rayon purchased
Xij = yards of fabric i (C or R) blended into shirt j (A, V or S)
Write the objective function.

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Definitions:

Division

A segment within an organization that focuses on specific products, services, territories, or customers, usually with its own set of management and financial goals.

Division's Margin

The profit margin measured at the divisional level, reflecting the division's ability to generate profit from its revenues.

ROI

Return on investment (ROI) measures the gain or loss generated on an investment relative to the amount of money invested.

ROI

An evaluation tool applied to determine the profitability or efficiency of a single investment or to analyze and compare the efficacy of multiple investments.