Linear programming
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Using Excel, please solve the following:
A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 available hours. Each product requires 10 hours of processing time on line 1, while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit, and the profit for product 2 is $4 per unit.
Formulate a linear programming model for this problem.
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Solution Summary
Excel file contains Formulation and optimal solution of a linear programming model for the problem.
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