1. Sporting Goods Product Mix. Kelson Sporting Equipment, Inc. makes two types of baseball gloves: a regular model and a catcher's model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table: Production Time (hours) Cutting Packaging Model and Finishing and Profit/Glove Sewing Shipping Regular 1/2 1/8 $5 1 model Catcher's 3/2 1/3 /4 $8 model
1. Sporting Goods Product Mix. Kelson Sporting Equipment, Inc. makes two types of baseball gloves: a regular model and a catcher's model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table: Production Time (hours) Cutting Packaging Model and Finishing and Profit/Glove Sewing Shipping Regular 1/2 1/8 $5 1 model Catcher's 3/2 1/3 /4 $8 model
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Assume the availability in the finishing and packaging departments are 350 and 125 hours respectively.
What is the optimal maximum profit?
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