An entrepreneur had been blessed exceedingly with his clothing line business. With that, he planned to open a new business in crafts. By canvassing, he'd found another businessman who export products that needs a weekly supply of basket bags, not more than 1,000, and fans, not more than 2,500. Estimating from other businesses in the same field that he knows, an average man can make 10 basket bags and 40 fans daily, and an average woman can make 15 basket bags and 30 fans daily. To share his blessings, he plans to hire as many as possible, without producing too much items to be wasted. Not to overwork the employees, he plans to give them a two days off weekly. Also, out of gratitude to women, he pledge to gave them a hundred more than a salary of 500 a day for men. Determine the weekly salary he has to release by the maximal number of employee.

An entrepreneur had been blessed exceedingly with his clothing line business. With that, he planned to open a new business in crafts. By canvassing, he'd found another businessman who export products that needs a weekly supply of basket bags, not more than 1,000, and fans, not more than 2,500. Estimating from other businesses in the same field that he knows, an average man can make 10 basket bags and 40 fans daily, and an average woman can make 15 basket bags and 30 fans daily. To share his blessings, he plans to hire as many as possible, without producing too much items to be wasted. Not to overwork the employees, he plans to give them a two days off weekly. Also, out of gratitude to women, he pledge to gave them a hundred more than a salary of 500 a day for men. Determine the weekly salary he has to release by the maximal number of employee.

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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