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3. Super Electronics, Inc. is a specialist in the emerging field of microcomputers. The
firm currently produces two products: a personal computer with the label GE-1000 and
a small computer with the label GE-2000. The company has set up two modern
production assembly lines. The assembly time requirements, the production
capacities of assembly lines, and the unit profit for the two products are as follows:
Production
GE-1000
Hours/unit
Production
GE-2000
Hours/unit
Production
Capacity
Hours/week
Assembly line 1 4 2 80
Assembly line 2 1 3 60
Unit profit $150 $250
The management of Galaxy Electronics is attempting to determine the best possible
weekly production schedule for GE-1000 and GE-2000 to maximize total profit.
Do Not Solve!!!
What is the problem?
Give (in mathematical terms):
Decision Variables –
Objective Function –
Constraints –
A: Problem – How many each of products GE-1000 and GE-2000 to produce in a week.
4. The Blue Manufacturing Company has had sales for the years 2006through 2009 have
been $48,000, $64,000, $67,000, and $83,000, respectively.
a. What sales would you predict for 2010 using a weighted moving average with weights
of 0.50 for the immediate preceding year and 0.30, 0.15, and 0.05 for the three years
before that?