a. Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profit from these activities. x1 = 239.1 x2 = 180.5 b. What is the value of the profit? $ 3834.59 c. How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $ [Select]
a. Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profit from these activities. x1 = 239.1 x2 = 180.5 b. What is the value of the profit? $ 3834.59 c. How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $ [Select]
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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![Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requires
time for cutting and dyeing and time for sewing and finishing, as shown in the following table:
HOURS REQUIRED PER BAG
Product Cutting and Dyeing Sewing and Finishing
Standard bag 1/2
Deluxe bag 1
1
2/3
The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are as
follows:
Product Profit Per Unit ($)
Standard bag 10
Deluxe bag 8
Weekly Hours Available
Activity
Cutting and dyeing 300
Sewing and finishing 360
Par, Inc., will sell whatever quantities it produces of these two products.
a. Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profit
from these activities. x1 = 239.1
+
x2 = 180.5
b. What is the value of the profit? $ 3834.59
+
c. How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $
[Select]
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F75846f55-09e5-4940-bce5-0966d235b49d%2F31b2955e-bf56-46af-882b-fe3daecaa571%2Fki5mx7f_processed.png&w=3840&q=75)
Transcribed Image Text:Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requires
time for cutting and dyeing and time for sewing and finishing, as shown in the following table:
HOURS REQUIRED PER BAG
Product Cutting and Dyeing Sewing and Finishing
Standard bag 1/2
Deluxe bag 1
1
2/3
The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are as
follows:
Product Profit Per Unit ($)
Standard bag 10
Deluxe bag 8
Weekly Hours Available
Activity
Cutting and dyeing 300
Sewing and finishing 360
Par, Inc., will sell whatever quantities it produces of these two products.
a. Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profit
from these activities. x1 = 239.1
+
x2 = 180.5
b. What is the value of the profit? $ 3834.59
+
c. How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $
[Select]
+
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