A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown Туре Basic Deluxe Supreme The company has 1500 units of plastic, 2000 units of rubber, and 3400 units of silver. It makes a profit of $3, $4, and $2 respectively on basic, deluxe, and supreme pencil holders. Assuming that all pencil holders which are manufactured can be sold, determine the number of each type of pencil holder the company should produce to maximize its profit. Number of Basic pencil holders = Number of Deluxe pencil holders = Plastic Rubber Silver 1 2 2 2 2 4 1 2 4 Number of Supreme pencil holders =

A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown Туре Basic Deluxe Supreme The company has 1500 units of plastic, 2000 units of rubber, and 3400 units of silver. It makes a profit of $3, $4, and $2 respectively on basic, deluxe, and supreme pencil holders. Assuming that all pencil holders which are manufactured can be sold, determine the number of each type of pencil holder the company should produce to maximize its profit. Number of Basic pencil holders = Number of Deluxe pencil holders = Plastic Rubber Silver 1 2 2 2 2 4 1 2 4 Number of Supreme pencil holders =

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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