Discuss the below:
Q: Makes two models of felt tip marking pens.
Requirements for each lot of pens given below.
Fliptop model Tiptop model Available
Plastic 3 4 36
Ink Assembly 5 4 40
Molding time 5 2 30
Profit for the Flip top Model is $1000 per lot and the profit for the Tiptop Model is $1000 per well Manufacturing wants to maximize profits while manufacturing the felt tip marking pen
What is the linear programming model for this problem?
Find the optimal solution.
Will there be excess capacity in any resource?