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An automobile company has two versions of the same model car for sale, a two-door coupe and full-size four doors. Suggest method to solve this problem and reason of using that method. Predict the maximum company's profit will be generated. Table 2 Cars production schedule Two-door Four-door Availability RM 17,000/car 20 h/car 500 cars 600 cars Profit RM 21,000/car Production time 11,000 h/year 22 h/car Storage 300 cars 350 cars 150,000 cars Consumer demand

An automobile company has two versions of the same model car for sale, a two-door coupe and full-size four doors. Suggest method to solve this problem and reason of using that method. Predict the maximum company's profit will be generated. Table 2 Cars production schedule Two-door Four-door Availability RM 17,000/car 20 h/car 500 cars 600 cars Profit RM 21,000/car Production time 11,000 h/year 22 h/car Storage 300 cars 350 cars 150,000 cars Consumer demand

Practical Management Science
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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An automobile company has two versions of the same model car for sale, a two-door coupe and full-size four doors. Suggest method to solve this problem and reason of using that method. Predict the maximum company's profit will be generated. Table 2 Cars production schedule Two-door Four-door Availability RM 17,000/car 20 h/car RM 21,000/car 22 h/car 300 cars 350 cars Profit Production time 11,000 h/year Storage Consumer demand 500 cars 600 cars 150,000 cars
Transcribed Image Text:An automobile company has two versions of the same model car for sale, a two-door coupe and full-size four doors. Suggest method to solve this problem and reason of using that method. Predict the maximum company's profit will be generated. Table 2 Cars production schedule Two-door Four-door Availability RM 17,000/car 20 h/car RM 21,000/car 22 h/car 300 cars 350 cars Profit Production time 11,000 h/year Storage Consumer demand 500 cars 600 cars 150,000 cars
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