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ellehaine24 ellehaine24
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5 years ago
Table 3.8: Tracksaws, Inc.
Tracksaws, Inc. makes tractors and lawn mowers. The firm makes a profit of $30 on each tractor and $30 on each lawn mower, and they sell all they can produce. The time requirements in the machine shop, fabrication, and tractor assembly are given in the table.



Formulation:
Let x = number of tractors produced per period
y = number of lawn mowers produced per period
MAX 30x + 30y
subject to 2x + y ≤ 60
2x + 3y ≤ 120
x ≤ 45
The graphical solution is shown below.



What is the shadow price for assembly?
Textbook 
Introduction to Management Science

Introduction to Management Science


Edition: 13th
Author:
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