5) 1 unit of Wishy hot tub gives a profit of $70 and 1 unit of Washy hot tub gives a profit of $50
The manufacturer will always want to maximise his profits
If X and Y denotes the number of wishy and washy bathtubs manufactured then, the total profit is 70X+50Y which is to be maximised.
The objective function is
Max 70X+50Y
6) The given information can be summarised as follows:
Resources | Requirements | Availability | |
---|---|---|---|
Wishy(X) | Washy(Y) | ||
Labor (hours) | 07 | 08 | 1500 |
Tubing (feet) | 50 | 40 | 9000 |
Pump | 02 | 03 | 500 |
Thus, the constraint corresponding to labor is
The next two questions are based on the following case: A manufacturer of hot tubs makes...
1- For each statement below, determine whether the statement is a decision variable or not. * Number of Aqua-Spa Produced. * Number of Hydro-Lux Produced. * Number of Pumps Purchased. * Amount of Available Labor Hours. * Amount of Available Tubing Available. * Profit of Aqua-Spa. * Profit of Hydro-Lux. Blue Ridge Hot Tubs Blue Ridge Hot Tubs manufactures and sells two models of hot tubs: the Aqua-Spa and the Hydro-Lux. Howie Jones, the owner and manager of the company,...
(10) Problem #3 Using the Sensitivity Report output for the Blue Ridge Hot Tub example appearing below: a. What is the range in the number of available pumps that will keep the current basis optimal assuming the amount of labor hours and tubing feet remain constant? b. Blue Ridge is considering introducing a new model of hot tub called the Typhoon-Tub. Suppose that each unit of this new model requires 1 pump, 12 hours of labor, and 13 feet of...