BBest Ink Printing Co

Essay

BBest Ink Printing Co. received an order to print a minimum of 50,000 tickets for a concert. They have three printing machines available to meet the order they received. The set-up cost of these machines and the unit cost/ticket printed using each machine along with their maximum production are provided in the table below:
a. Formulate a binary integer linear programming model to find two machines that could be used to print the required number of tickets in order to minimize the cost.
b. Solve the problem in part a.