John's Locomotive Works Manufactures a Model Locomotive

question 38

Essay

John's Locomotive Works manufactures a model locomotive.It comes in two versions-a standard (X1),and a deluxe (X2).The standard version generates $250 per locomotive for the standard version,and $350 per locomotive for the deluxe version.One constraint on John's production is labour hours.He only has 40 hours per week for assembly.The standard version requires 250 minutes each,while the deluxe requires 350 minutes.John's milling machine is also a limitation.There are only 20 hours a week available for the milling machine.The standard unit requires 60 minutes,while the deluxe requires 120.Formulate as a linear programming problem,and solve using either the graphical or corner points solution method.

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Definitions:

Denial

A psychological defense mechanism wherein an individual refuses to accept reality or facts, often as a way to avoid dealing with uncomfortable feelings or events.

Sales Territories

Designated geographic or demographic areas assigned to sales representatives or teams to manage and generate sales.

Revenue Growth

The increase in a company's sales and income over a specific period, indicating its business success.

Existing Accounts

Refers to customer accounts that are currently active or have been previously set up, in contrast to new accounts.