A company has three machines to make units of A. Input and output data for 1...

A company has three machines to make units of A. Input and output data for 1
hr of operation of each machine are as follows:

	Input	Input	Output
	Raw Material (lb)	Labor (Worker Hours)	(units of A)
Machine1	80	16	37
Machine2	50	35	43
Machine3	76	33	52

The company must produce 2000 units of A weekly. The company can purchase up to 1 ton of the raw material for $4/lb from one source and an unlimited
amount from another source for $5.50/lb. The firm has 900 hr of labor available
at $8/hr, and an additional 200 hr of overtime available at $12/hr. The company
pays only for the labor and raw material it uses. How many hours should each
machine be used to meet demands at minimum cost?

Expert Solution

Formula sheet

Solver Setting

ekkarill92 answered 2 years ago

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Identify and explain the three basic functions of system: Input" Processing and output?

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