Math Problem Statement
manufacturing company has three types of machines, A, B, and C, available for production. They need to produce at least 500 units every 8-hour workday. Machine type A can produce 60 units per hour with a quality rate of 98%. Machine type B can produce 50 units per hour with a quality rate of 96%, and Machine type C can produce 45 units per hour with a quality rate of 94%. The company has a limited number of machines and operators available. There are 8 Machine A units, 10 Machine B units, and 12 Machine C units available. The hourly operating costs for these machines are ₹400 for Machine A, ₹350 for Machine B, and ₹300 for Machine C. Additionally, each defective product costs the company ₹75 in rework and other expenses. The company wants to minimize the total production and quality control costs while ensuring that they produce at least 500 units per day
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Programming
Optimization
Formulas
Linear programming objective function
Constraints formulation
Theorems
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Suitable Grade Level
Advanced College
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