a- Determine the optimal quantities of decision variables.

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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04: A company uses available time at the end of each week to make two products. Both
products require three operations: cutting, gluing, and finishing.
The manager of the company has collected the following data on these products:
Time per unit (minutes)
Cutting
product
First product
Profit/unit
$2
$6
Gluing
Finishing
1.4
12
3
Second product
The manager has also determine that during each week, 56 minutes are available for
cutting, 650 minutes are available for gluing and 360 minutes are available for finishing.
0.8
13
a- Determine the optimal quantities of decision variables.
Transcribed Image Text:04: A company uses available time at the end of each week to make two products. Both products require three operations: cutting, gluing, and finishing. The manager of the company has collected the following data on these products: Time per unit (minutes) Cutting product First product Profit/unit $2 $6 Gluing Finishing 1.4 12 3 Second product The manager has also determine that during each week, 56 minutes are available for cutting, 650 minutes are available for gluing and 360 minutes are available for finishing. 0.8 13 a- Determine the optimal quantities of decision variables.
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