Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below.
Hours required by
Operation A B Hours
Cutting 3 4 48
Welding 2 1 36
The decision variables are defined as:
xi = the amount of product i produced
yi = 1 if xi > 0 and 0 if xi = 0
A spreadsheet implementation of the problem is shown below.
What is the objective function for this problem?
a. Maximize: 17x1 + 21x2 - 60y1 - 80y2
b. Minimize: 60y1 + 80y2
c. Minimize: 17x1 + 21x2 - 60y1 - 80y2
d. Maximize: 17x1 + 21x2

Sagot :

Answer:

a. Maximize : 17x1 + 21x2 - 60y1 - 80y2

Explanation:

The objective function of the given problem is 17x1 + 21x2 - 60y1 - 80y2. The x represents the selling price of the two products while y represents the units of the two products. The company should create a combination of two products which will maximize the profit.

a. The objective function for the given problem is Maximize : 17x1 + 21x2 - 60y1 - 80y2

Calculation of the objective function:

The objective function should be 17x1 + 21x2 - 60y1 - 80y2.

Here x represents the selling price of the two products while on the other hand, y represents the units of the two products. The company should develop a combination of two products where the profit should be maximized.

Therefore, the correct option is a.

Learn more about function here: https://brainly.com/question/24302303

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.