A company assembles two products: A and B. ProductA sells for $11 per unit, and product B sells for $23 per unit.A unit of product A requires 2 hours on assembly line 1 and1 unit of raw material. A unit of product B requires 2 unitsof raw material, 1 unit of A, and 2 hours on line 2. For line1, 1,300 hours of time are available and 500 hours of timeare available on line 2. A unit of raw material may be bought(for $5 a unit) or produced (at no cost) by using 2 hours oftime on line 1. Determine how to maximize profit.
A company assembles two products: A and B. ProductA sells for $11 per unit, and product B sells for $23 per unit.A unit of product A requires 2 hours on assembly line 1 and1 unit of raw material. A unit of product B requires 2 unitsof raw material, 1 unit of A, and 2 hours on line 2. For line1, 1,300 hours of time are available and 500 hours of timeare available on line 2. A unit of raw material may be bought(for $5 a unit) or produced (at no cost) by using 2 hours oftime on line 1. Determine how to maximize profit.
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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Question
A company assembles two products: A and B. Product
A sells for $11 per unit, and product B sells for $23 per unit.
A unit of product A requires 2 hours on assembly line 1 and
1 unit of raw material. A unit of product B requires 2 units
of raw material, 1 unit of A, and 2 hours on line 2. For line
1, 1,300 hours of time are available and 500 hours of time
are available on line 2. A unit of raw material may be bought
(for $5 a unit) or produced (at no cost) by using 2 hours of
time on line 1. Determine how to maximize profit.
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