The management of Hartman Company is trying to determine the amount of each of two products to produce over the coming planning period. The following information concerns labor utilization, labor productivity and product profitability.
Product (hours/unit)
Department 1 2 Labor hours avail
A 1.00 0.35 100
B 0.30 0.20 36
C 0.20 0.50 50
Profit contribution/unit $30.00 $15.00
a. Develop a linear programming model of the Hartman Company problem. Solve model to determine the optimal production quantities pf products 1 & 2.
The management of Hartman Company is trying to determine the amount of each of two products to produce over the coming planning period. The following information concerns labor availability, labor utilization, and product profitability.
Product (hours/unit)
Department 1 2 Labor hours avail
A 1.00 0.35 100
B 0.30 0.20 36
C 0.20 0.50 50
Profit contribution/unit $30.00 $15.00
Develop a linear programming model of the Hartman Company problem. Solve model to determine the optimal production quantities pf products 1 & 2.