Introduction to Management Science 12th Edition by Bernard Taylor

Exercise 30

The owner of the Consolidated Machine Shop has $10,000 available to purchase a lathe, a press, a grinder, or some combination thereof. The following 0-1 integer linear programming model has been developed to determine which of the three machines (lathe, x 1 ; press, x 2 ; or grinder, x 3 ) should be purchased in order to maximize annual profit:

Solve this model by using the computer.