Assignment Problem:
An electronic company manufactures two radio models, each on a separate production line. The daily capacity of the first line is 60radios and that of the second is 75 radios.
Each unit of the first model uses 10 pieces of a certain electronic components, whereas each unit of the second model requires 8 pieces of the same components. the maximum daily availability of the special components is 800 pieces. The profit per unit of model 1 & 2 are $30 and $20, respectively.
Required: Formulate the problem as LP model and determine the optimum daily production of each model.
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