A toy manufacturer preparing a production schedule for two new toys, trucks spinning tops, must use the information concerning their construction times below. Machine A Machine B Finish Truck 2hr 3hr 5hr Spinning Top 1hr 1hr 1hr For example, each truck requires 2 hours on machine A. The available employee hours per week are as follows: For operating machine A; 80 hours; for B, 50 hours; for finishing 70 hours. If the profits on each truck and spinning top are R7 and R2, respectively, how many of each toy should be made per week to maximize profit? What is the maximum profit?
A toy manufacturer preparing a production schedule for two new toys, trucks spinning tops, must use the information concerning their construction times below. Machine A Machine B Finish Truck 2hr 3hr 5hr Spinning Top 1hr 1hr 1hr For example, each truck requires 2 hours on machine A. The available employee hours per week are as follows: For operating machine A; 80 hours; for B, 50 hours; for finishing 70 hours. If the profits on each truck and spinning top are R7 and R2, respectively, how many of each toy should be made per week to maximize profit? What is the maximum 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...
Related questions
Question
A toy manufacturer preparing a production
must use the information concerning their construction times below.
Machine A Machine B Finish
Truck 2hr 3hr 5hr
Spinning Top 1hr 1hr 1hr
For example, each truck requires 2 hours on machine A. The available employee hours per week
are as follows: For operating machine A; 80 hours; for B, 50 hours; for finishing 70 hours. If the
profits on each truck and spinning top are R7 and R2, respectively, how many of each toy
should be made per week to maximize profit? What is the maximum profit?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 6 steps with 1 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.