(Solution Library) A company manufactures three fashion products, which marketing has named as product 1, 2, and 3. These products are manufactured from
Question: A company manufactures three fashion products, which marketing has named as
product 1, 2, and 3. These products are manufactured from three ingredients A, B and C.
The kilograms of each ingredient that are required to make a kilogram of product
finished are presented in the following table
| kind of product | ingredients (kg Prod / kg Prod finished) |
| A | B | C |
| p1 | 4 | 7 | 8 |
| p2 | 3 | 9 | 7 |
| p3 | 2 | 2 | 12 |
The company has 400, 800 and 1000 kilograms of ingredients A, B and C respectively. With the current market conditions, the profit margin for kilogram of product 1 is $ 180, for product 2 it is $ 100 and $ 120 for the product 3
- Develop a model that helps to make a production program that maximizes
total utility.
Deliverable: Word Document 