BUS 252 Fall 2015 EXAM 3 Ver 2 shortened - BUS 252 Fall...

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BUS 252 Fall 2015 NAME: TEST #3 – Version 2 #1A. Vollmer Manufacturing Company makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper and a grinder. The times (in minutes) required on each machine are as follows: The shaper is available for 120 hours (i.e., 7200 minutes), and the grinder is available for 110 hours (i.e., 6600 minutes), No more than 200 units of component 3 can be sold, but up to 1000 units of each of components 1 and 2 can be sold. In fact, the company already has orders for 600 units of component 1 that must be satisfied. The profit contributions for components 1, 2, and 3 are $8, $6, and $9, respectively. Let the variables be as follows: C1 = number of units of Component 1 manufactured C2 = number of units of Component 2 manufactured C3 = number of units of Component 3 manufactured Formulate the algebraic equations for the linear programming problem whereby the management of Vollmer Manufacturing Company maximizes profit, subject to the constraints. (9 points) #1B.

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