Linear Optimization Model: Toys
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Super Toys Company makes to radio-controlled cars, Fast and SuperFast. They can sell all they make. Both models have the same components. Two of these can be obtained only from a single supplier. For next month, the supply of these is limited to 4000 of component X and 3500 of component Y. The following table provides details on the number of each component required for each product and the profit per unit.
....................................Components Required/Unit........................
.....................................A......................B........................Profit/Unit
Fast.............................18.....................6..............................$24
SuperFast....................12.....................10............................$40
1. What are the decision variable, objective function and constraints
2. Mathematically formulate a linear optimization model.
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The solution discusses the linear optimization model regarding toys.
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1. What are the decision variable, objective function, and constraints
The decision variables are the number of units that must be produced for Fast ...
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