OPIM 101 - Spring 2012 - R7 - solution

OPIM 101 - Spring 2012 - R7 - solution - OPIM 101 - Spring...

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1 OPIM 101 - Spring 2012 Recitation 7 Exercise Solutions Section # (201,202,…,214): _____________ Instructor (circle): Balas Fishman Horowitz Saunders Shah Zhang PennCard Last Name: PennCard First Name: Place your answers in the boxes provided. Problem 1. Wharton Electric (WE motto: WE bring better things to life) produces 50" and 42" LCD televisions. Market research suggests demand of 40 units of 50" sets per month and 15 units of 42" sets per month (50 has become the new 42). According to the labor law, the maximum number of labor hours available per month is 450. A 50" set requires 15 hours to manufacture/assemble and a 42" set requires 10 hours to manufacture/assemble. Each 50" set has a profit contribution of $90 and each 42" set has a profit contribution of $80. Buy'n' Large(TM) has agreed to purchase all televisions produced, provided that WE does not exceed the demand indicated in the market report. The two decision variables in this problem are: [variable "X 50 "], which is the number of 50" sets to produce per month and [variable "X 42 "], which is the number of 42" sets to produce per month. Question 1.
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OPIM 101 - Spring 2012 - R7 - solution - OPIM 101 - Spring...

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