Develop an appropriate linear optimization model to maximize net profit.
Mirza Manufacturing makes four electronic products, each of which is comprised of three main materials: magnet, wiring, and casing. The products are shipped to three distribution centers in North America, Europe, and Asia. Marketing has specified that no location should receive more than the maximum demand and should receive at least the minimum demand. The material costs/unit are: magnet—$0.59, wire—$0.29, and casing—$0.31. The table below shows the number of units of each material required in each unit of end product and the production cost per unit. Additional information is provided below. Develop an appropriate linear optimization model to maximize net profit.
. .
The post Develop an appropriate linear optimization model to maximize net profit. appeared first on USA Dissertation Editors.
Leave a Reply
Want to join the discussion?Feel free to contribute!