A start-up company in Vanderbijlpark that produces toy buses and cars, has two primary resources available: injection moulding-machine time and assembly time. Over a week, the owner managed to schedule up to 38.77 minutes of work on the injection moulding- machine and up to 15.83 minutes of work on assembly. Each bus produced requires 8 minutes of injection moulding-machine time and 4 minutes of assembly time. Producing each car requires 6 minutes of injection moulding-machine time and 2 minutes of assembly time. The company's accounting department analyzes cost and sales figures and states that each bus produced will yield a R150 contribution to profit and that each car will yield a R90 contribution to profit. Solve with the Simplex Method, using Excel.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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A start-up company in Vanderbjilpark that produces toy buses and cars, has two primary
resources available: injection moulding-machine time and assembly time. Over a week,
the owner managed to schedule up to 38.77 minutes of work on the injection moulding-
machine and up to 15.83 minutes of work on assembly.
Each bus produced requires 8 minutes of injection moulding-machine time and 4
minutes of assembly time.
Producing each car requires 6 minutes of injection moulding-machine time and 2
minutes of assembly time.
The company's accounting department analyzes cost and sales figures and states
that each bus produced will yield a R150 contribution to profit and that each car will
yield a R90 contribution to profit.
Solve with the Simplex Method, using Excel.
Transcribed Image Text:| A start-up company in Vanderbjilpark that produces toy buses and cars, has two primary resources available: injection moulding-machine time and assembly time. Over a week, the owner managed to schedule up to 38.77 minutes of work on the injection moulding- machine and up to 15.83 minutes of work on assembly. Each bus produced requires 8 minutes of injection moulding-machine time and 4 minutes of assembly time. Producing each car requires 6 minutes of injection moulding-machine time and 2 minutes of assembly time. The company's accounting department analyzes cost and sales figures and states that each bus produced will yield a R150 contribution to profit and that each car will yield a R90 contribution to profit. Solve with the Simplex Method, using Excel.
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