49) A company produces two types of tables, T1 and T2. It takes 2 hours to produce the parts of one unit of T1, 1 hour to assemble and 2 hours to polish. It takes 4 hours to produce the parts of one unit of T2, 2.5 hour to assemble and 1.5 hours to polish. Per month, 7000 hours are available for producing the parts, 4000 hours for assembling the parts and 5500 hours for polishing the tables. The profit per unit of T1 is $90 and per unit of T2 is $110. (a) How many of each type of tables should be produced in order to maximize the total monthly profit? (b) Calculate the profit at the optimal point. (Use linear programming to solve this problem. Show all steps clearly and neatly)

49) A company produces two types of tables, T1 and T2. It takes 2 hours to produce the parts of one unit of T1, 1 hour to assemble and 2 hours to polish. It takes 4 hours to produce the parts of one unit of T2, 2.5 hour to assemble and 1.5 hours to polish. Per month, 7000 hours are available for producing the parts, 4000 hours for assembling the parts and 5500 hours for polishing the tables. The profit per unit of T1 is $90 and per unit of T2 is $110. (a) How many of each type of tables should be produced in order to maximize the total monthly profit? (b) Calculate the profit at the optimal point. (Use linear programming to solve this problem. Show all steps clearly and neatly)

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...

See similar textbooks

Similar questions

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Which of the following is NOT an example of a bad question? Leading question. Double paralleled question Unanswerable question Skip question . True or False: Conducting a pilot study is the first step in questionnaire design process. Structured questions formatted to allow respondents to reply in their own words. Most of research reports readers read only the executive summary. Using sensitive questions in the questionnaire increases the response rate. The main goal of qualitative research approach is to quantify the magnitude of variables and relationships.
If i need to select a 2nd answer what is it
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
13. Stare decisis is: Group of answer choices A. meant to provide predictability of legal outcomes B. the opposite of precedent C. Latin for "let the decision stand" D. Both A and C
I need answer typing clear urjent no chatgpt used i will give upvotes full explanation pls
You have recently been appointed sales manager of a company selling used cars. Sales are declining and you suspect that a major factor causing this decline is a lack of motivation amongst the salesforce. At present they are paid a straight salary, the size of which is dependent on the length of service. Outline your thoughts regarding how you would approach this situation. Word Limit 2,000 - 2,500 words RUBRIC: Criteria Description The extent of the declining sales and the cause. Determine the extent of the decrease in sales and the cause, and examine the full range of possible reasons for this. Research & Findings Compare industry norms, in terms of sales and compare with present results. Compare industry sales average and the present level of sales. Discuss the possible causes Motivation Motivation would appear to be an issue which needs further investigation, and this could take several forms among other things. Discuss the possible…
A company's product can be either described as goods or services. Which of these statements is most correct? Group of answer choices Tangible goods are always easier to sell than services services might require more personal contact between providers and potential buyers services might require less personal contact between providers and potential buyers Services are always easier to market than tangible goods
Subject - account Please help me. Thankyou.
True or False: The terms "gay", "transgender", and "queer" are adjectives (e.g. gay person, transgender person, queer person) and should never be used as nouns (a gay, a transgender, a queer). Group of answer choices True False