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1 Solution to LP Modeling in Chapter 3 Ragsdale Revised 5th ...

1 Solution to LP Modeling in Chapter 3 Ragsdale Revised 5th ...

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28. a. X 1 = number of CD players <strong>to</strong> produce<br />

X 2 = number of tape decks <strong>to</strong> produce<br />

X 3 = number of stereo tuners <strong>to</strong> produce<br />

MAX 75 X 1 + 50 X 2 + 40 X 3<br />

ST 3 X 1 + 2 X 2 + 1 X 3 ≤ 400,000<br />

50,000 ≤ X 1 ≤ 150,000<br />

50,000 ≤ X 2 ≤ 100,000<br />

50,000 ≤ X 3 ≤ 90,000<br />

b. See file: Prb3_28.xls<br />

c. X 1 = 70,000, X 2 = 50,000, X 3 = 90,000<br />

Maximum profit = $11,350,000<br />

6

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