Belsky Manufacturing makes three models of fans,identified by the unimaginative names of A,B,and C.The fans are made out of nuts,bolts,wire,blades,and motors.The current inventory levels and parts list for each type of fan is shown in the table.
Fan A sells for $18,Fan B sells for $25,and Fan C sells for $30.Formulate this decision as a linear programming problem,defining fully your decision variables and then giving the objective function and constraints.
Definitions:
Contribution Per Unit
Equals the price less the variable cost per unit. Variable used to determine the break-even point in units.
Variable Cost
Expenses that change in proportion to the activity of a business, such as costs for raw materials or production volume.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent or salaries.
Break-Even Point
The financial point at which total costs equal total revenue, meaning there is no profit or loss.
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