Egm 510 – Decision Making
[pic 1]Engineering and Technology ManagementEGM 510Assignment 2Decision MakingEman Alshuweihi201410538Question (1):Alphabet Blocks (B): 1 hour of wood working and 2 hours of painting.Wooden Trucks (T): 3 hours of wood working and one hour of painting.The problem:How many boxes of blocks (B) and trucks (T) should you make each week to maximize profit?Decision variable: Let (B) = number of boxes of Alphabet blocks per weekLet (T) = number of boxes of Wooden trucks per weekObjective Function:profit is $30 per box of blocks and $40 per box of trucks.Maximize P= 30B + 40TConstraints:(each working 40 hours per week) employ three wood workers and two painters1B + 3T ≤ 120 1 hour of wood working and 2 hours of painting. 2B + 1T ≤ 80 3 hours of wood working and one hour of painting. solve two Equations:[pic 2] 2B + 1T ≤ 80 Mult. by (-2) 1B + 3T ≤ 120 -2B – 6T ≤ -240[pic 3][pic 4][pic 5] -5 T ≤ -160 T =32[pic 6] 2B + 1T ≤ 80 2B + 1(32) ≤ 80 B=24[pic 7][pic 8]The profit that can the company get by those numbers of boxes:P= 30B + 40T P= 30(24) + 40(32) = $2000 So, the company can reach the maximum profit that equals $2000 by making 24 boxes of blocks and 32 boxes of trucks weekly.
Essay About 3T And 30B
Essay, Pages 1 (192 words)
Latest Update: June 11, 2021
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