Klein Industries manufactures three types of portable  air compressors: small, medium and large, which have units profits of $20.50, $34.00 and $42.00, respectively.The projected monthly sales are:SmallMediumlargeMinimum14,0006,2002,600maximum21,00012,5004,200The production process consists of three primary activities: bending and forming, welding and painting. The amount of time in minutes needed to process each product in each department is shown below:SmallMediumLargeAvailable timeBending/forming0.40.70.823,400Welding0.61.01.223,400Painting1.42.63.146,800How many of each type of air compressor should the company produce to maximize profit?(a)  Formulate and solve a linear optimization model using the auxiliary variables cells methods and write a short memo to the production manager explaining the sensitivity information.(b)  Solve the model without the auxiliary variables and explain the relationship between the reduced costs and the shadow prices found in part A.P

"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"

If this is not the paper you were searching for, you can order your 100% plagiarism free, professional written paper now!

Order Now Just Browsing

All of our assignments are originally produced, unique, and free of plagiarism.

Free Revisions Plagiarism Free 24x7 Support