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Question: New Jersey Chemical Company manufactures two

New Jersey Chemical Company manufactures two industrial chemical products, called z anide and kreolite. Two machines are used in the process, and each machine has 24 hours of capacity per day. The following data are available:
New Jersey Chemical Company manufactures two industrial chemical products, called z anide and kreolite. Two machines are used in the process, and each machine has 24 hours of capacity per day. The following data are available:
The company can produce and sell partially full drums of each chemical. For example, a half drum of zanide sells for $54.

Required:
1. Formulate the product-mix problem as a linear program.
2. Solve the problem graphically.
3. What is the value of the objective function at the optimal solution?

The company can produce and sell partially full drums of each chemical. For example, a half drum of zanide sells for $54. Required: 1. Formulate the product-mix problem as a linear program. 2. Solve the problem graphically. 3. What is the value of the objective function at the optimal solution?





Transcribed Image Text:

Zanide Kreolite Seling price per drum Variable cost per drum Hours required per drum on machine I Hours required per drum on machine I| $108 $126 $ 84 $ 84 2 hr. 2 hr. 1 hr. 3 hr.



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