Thank you for visiting RMC Inc is a small firm that produces a variety of chemical products In a particular production process three raw materials are blended to produce. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Final answer:
A. Decision Variables: X1, X2
B. Objective Function: Maximize Profit = $40X1 + $30X2
C. Model Constraints: Material 1: (2/5)X1 + (1/2)X2 ≤ 20 tons, Material 2: (1/5)X2 ≤ 5 tons, Material 3: (3/5)X1 + (3/10)X2 ≤ 21 tons
D. X1 ≥ 0 and X2 ≥ 0.
Explanation:
To maximize the total profit contribution for RMC, Inc., we must first define the elements of the linear programming model:
A. DECISION VARIABLES:
X1: Tons of fuel additive produced.
X2: Tons of solvent base produced.
B. OBJECTIVE FUNCTION:
Maximize Profit = $40X1 + $30X2
C. MODEL CONSTRAINTS:
Material 1: (2/5)X1 + (1/2)X2 ≤ 20 tons
Material 2: (1/5)X2 ≤ 5 tons
Material 3: (3/5)X1 + (3/10)X2 ≤ 21 tons
D. NON-NEGATIVITY STATEMENT:
X1 ≥ 0 and X2 ≥ 0
This model includes variables representing the quantities of fuel additive and solvent base to produce, the goal to maximize profit, and constraints defined by the availability of the three raw materials. Balancing these elements will allow RMC, Inc. to achieve the maximum possible profit within their resource limits.
Thank you for reading the article RMC Inc is a small firm that produces a variety of chemical products In a particular production process three raw materials are blended to produce. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!
- You are operating a recreational vessel less than 39 4 feet long on federally controlled waters Which of the following is a legal sound device
- Which step should a food worker complete to prevent cross contact when preparing and serving an allergen free meal A Clean and sanitize all surfaces
- For one month Siera calculated her hometown s average high temperature in degrees Fahrenheit She wants to convert that temperature from degrees Fahrenheit to degrees
Rewritten by : Jeany