RMC produces two products, a fuel additive and solvent base, from three raw materials. Each ton of fuel additive requires 2.5 tons of material 1 and 3.5 tons of material 3, and each ton of solvent base requires 1.2 tons of material 1, 1.5 tons of material 2, and 3.1 tons of material 3. The profit per ton is $50 for fuel additive and $30 for solvent base. RMC has 20 tons of material 1, 5 tons of material 2, and 21 tons of material 3 available this production period. The optimal production quantities to maximize total profit are 25 tons of fuel additive and 20 tons of solvent base for a total profit of $1850.
RMC produces two products, a fuel additive and solvent base, from three raw materials. Each ton of fuel additive requires 2.5 tons of material 1 and 3.5 tons of material 3, and each ton of solvent base requires 1.2 tons of material 1, 1.5 tons of material 2, and 3.1 tons of material 3. The profit per ton is $50 for fuel additive and $30 for solvent base. RMC has 20 tons of material 1, 5 tons of material 2, and 21 tons of material 3 available this production period. The optimal production quantities to maximize total profit are 25 tons of fuel additive and 20 tons of solvent base for a total profit of $1850.
RMC produces two products, a fuel additive and solvent base, from three raw materials. Each ton of fuel additive requires 2.5 tons of material 1 and 3.5 tons of material 3, and each ton of solvent base requires 1.2 tons of material 1, 1.5 tons of material 2, and 3.1 tons of material 3. The profit per ton is $50 for fuel additive and $30 for solvent base. RMC has 20 tons of material 1, 5 tons of material 2, and 21 tons of material 3 available this production period. The optimal production quantities to maximize total profit are 25 tons of fuel additive and 20 tons of solvent base for a total profit of $1850.
is a small firm that produces a variety of chemical
products. In a particular production process, three raw materials are blended (mixed together) to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2 5 ton of material 1 and 35 ton of material 3. A ton of solvent base is a mixture of 12 ton of material 1, 15 ton of material 2, and 310 ton of material 3. After deducting relevant costs, the profit contribution is $50 for every ton of fuel additive produced and $30 for every ton of solvent base produced. RMC’s production is constrained by a limited availability of the three raw materials. For the current production period, RMC has available the following quantities of each raw material: ANS: F = tons of fuel additive S = tons of solvent base Maximize: Z=50F+30S 2 1 F+ S ≤ 20 (Material 1) 5 2 1 S ≤5 (Material 2) 5 3 3 F+ S ≤ 21(Material 3) 5 10 F, S≥0
Find the quantities require to maximise Z,
Corner point: F S Z 0 25 750 18.75 25 1687.5 25 20 1850 35 0 1750 To maximizing the total profit contribution, 25 tons of fuel additive and 20 tons of solvent base should be produced. Simultaneous, the projected total profit contribution is: (50x25) + (30x20) =$1850