A graphic design team working for JBJ Systems Incorporated designs magazine covers and also designs logos. The company makes a profit of $900 for each magazine cover and $550 for each logo. The team manager estimates that it takes her team 10 hours of brainstorming to create a magazine cover and 3 hours of brainstorming for a logo. She'd like to keep the total brainstorming time under 120 hours a week. Further, she estimates that it takes her team 2 hours to lay out and sketch a magazine cover and 3 hours to layout and sketch up a logo, and she must fit this work into 48 hours a week. Company policy requires the team to design no more than 2 logos for each magazine cover that they design. How many of each should the team design in order to maximize the company's profits? Solution: magazine covers and logos should be designed per week for a maximum profit of $
A graphic design team working for JBJ Systems Incorporated designs magazine covers and also designs logos. The company makes a profit of $900 for each magazine cover and $550 for each logo. The team manager estimates that it takes her team 10 hours of brainstorming to create a magazine cover and 3 hours of brainstorming for a logo. She'd like to keep the total brainstorming time under 120 hours a week. Further, she estimates that it takes her team 2 hours to lay out and sketch a magazine cover and 3 hours to layout and sketch up a logo, and she must fit this work into 48 hours a week. Company policy requires the team to design no more than 2 logos for each magazine cover that they design. How many of each should the team design in order to maximize the company's profits? Solution: magazine covers and logos should be designed per week for a maximum profit of $
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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