A calculator company produces handheld and scientific calculators
Long-term projections indic...
Mathematics, 05.05.2020 04:48 noahtheking67
A calculator company produces handheld and scientific calculators
Long-term projections indicate that expected demand of at least 150 scientific calculator and 100 handheld calculator required daily
Because of limitations on production capacity, no more than 250 scientific calculators and 200 handheld calculators can be made daily
To satisfy a shipping contract , a minimum of 250 calculators must be shipped daily
Each scientific calculator sold produces 20$ profits
Each handheld calculator sold produces 10$ profits .
The company’s objective is to maximize total profits :
1) formulate the linear programming model for this problem .
2) solve the previous model using graphical method .
3) re-solve the previous model using simplex method .
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