The hourly cost of four types of manufacturing processes and the number of hours

Question

The hourly cost of four types of manufacturing processes and the number of hours required of each process to produce three different products are shown below table. Use matrices and MATLAB to solve: (a) Determine the cost of each process to produce 1 unit of product A. (b) Determine the cost to make 1 unit of each product. (c) Suppose we produce 10 units of product A, 5 units of product B, and 7 units of 5. product C. Compute the total cost. Hourly cost (S) Hours required to produce one unit Product EB 6 Process Product A Product (C Step 1-Lathe Step 2-Grinding Step 3-Milling Step 4-Welding 10 12 1 4 4

Explanation / Answer

CODE::

costLathe = 09 * (5+ 6 + 3);

costGrinding = 10 * (2 + 2 + 1);

costMilling = 12* (4+3 + 4);

costWelding = 07 * (3 + 0 + 2);

unitCostProd1 = 09 5 + 10 2 +12 4 + 07 3);

unitCostProd2 = 09 6 + 10 2 + 12 3 + 07 0);

unitCostProd3 = 09 3 + 10 1 + 12 4 + 07 2);

totalCost = 10 unitCostProdA + 5 unitCostProdB + 7unitCostProdC* 9;

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