ork (5.3)Part 1 of 3A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table.Labor Hours per SkiMaximum Labor-HoursAvailable per Day12025DepartmentFabricatingFinishingAnswer parts (A), (B), and (C) belowTrick Ski51Slalom Ski41CITT(A) If the profit on a trick ski is $50 and the profit on a slalom ski is $60, how many of each type of ski should be manufactured each day to realize a maximum profit? Whis the maximum profit?The maximum profit is $ The maximum occurs whentrick skis and slalom skis are produced.4

This question involves using linear programming to determine the optimal product mix for a…

A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table. Labor Hours per Ski Maximum Labor-Hours Available per Day Department Fabricating Finishing Answer parts (A), (B), and (C) below. Trick Ski 5 1 Slalom Ski 4 CITT 120 25 (A) If the profit on a trick ski is $50 and the profit on a slalom ski is $60, how many of each type of ski should be manufactured each day to realize a maximum profit? Wh is the maximum profit? The maximum profit is The maximum occurs when trick skis and slalom skis are produced.

A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table. Labor Hours per Ski Maximum Labor-Hours Available per Day Department Fabricating Finishing Answer parts (A), (B), and (C) below. Trick Ski 5 1 Slalom Ski 4 CITT 120 25 (A) If the profit on a trick ski is $50 and the profit on a slalom ski is $60, how many of each type of ski should be manufactured each day to realize a maximum profit? Wh is the maximum profit? The maximum profit is The maximum occurs when trick skis and slalom skis are produced.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

ork (5.3)
Part 1 of 3
A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table.
Labor Hours per Ski
Maximum Labor-Hours
Available per Day
120
25
Department
Fabricating
Finishing
Answer parts (A), (B), and (C) below
Trick Ski
5
1
Slalom Ski
4
1
CITT
(A) If the profit on a trick ski is $50 and the profit on a slalom ski is $60, how many of each type of ski should be manufactured each day to realize a maximum profit? Wh
is the maximum profit?
The maximum profit is $ The maximum occurs when
trick skis and slalom skis are produced.
4

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