An electronics Manufacturer, general description) manufacturer is producing and

Question

An electronics Manufacturer, general description) manufacturer is producing and selling the following products: 1. ipods 2. dvd playens 3. calculators 4. cameras 5. watches In addition to individual sales of each product, the company is also selling a bundile of an ipod and a watch. The products are commonly using the following resources |Ipod DVD CAL CAM WATCH electronic components3 6 non-electronic components 10 3 12 assembly labor (minutes) 25 60 18 48 inspection labor (minutes) 14 21 20 32 For the next ten weeks: demand of each product and the ipod+watch bundle. available electronics components .available assembly labor hours, available inspection labor hours, and * unit production costs are provided in the excel table. Demand of each week must be satisfied within the week. The total worth of inventories at the end of each week should not exceed $120,000. The worth of inventory at the end of each week is computed by multiplying the amount of inventory by its prodaction cost that week. Implement this LP problem in LINGO and prepare a minimum cost production plan for the company for the next 10 weeks.

Explanation / Answer

Sum of the IPODs is = 900+610+850+860+740+480+1100+840+1030+840 = 8250

Sum of the DVDs is = 440+220+430+290+440+260+320+240+580+290 = 3510

Sum of the calculators is = 1920+1530+1860+2000+1950+2270+2410+1750+1790+1990 = 19470

Sum of the cameras is = 670+740+740+810+730+900+750+800+710+670 = 7520

Sum of the watches is = 1400+1600+1630+1710+1400+2030+1400+1450+1740+1330 = 15690

Sum of the IPOD+Watches is = 510+660+650+620+600+700+600+850+900+820 = 6910

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