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Assuming that each workstation has a capacity of 340 hours and the manufacturer wishes to maximize profit, how many units of each product should they produce? Quantity of Product A = Quantity of Product B = | Quantity of Product C = Quantity of Product D = units units units units

Assuming that each workstation has a capacity of 340 hours and the manufacturer wishes to maximize profit, how many units of each product should they produce? Quantity of Product A = Quantity of Product B = | Quantity of Product C = Quantity of Product D = units units units units

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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A business manufactures four products (A, B, C, D), each requiring time at four different workstations (Saw, Sander, Drill Press, Assembly). Information on each of the products, including selling price per unit, demand per month, and the amount of time (hours) required on each workstation to produce one unit of product is provided below. Product ProductB ProductC ProductD 175 Selling Price $ 125 $ 135 $ 150 $ Demand 100 100 200 100 Workstation time required (hours) per unit of production Workstation ProductB ProductC 0.75 0.5 0.5 0.5 0.75 1 0.25 1.25 Saw Sander Drill Press Assembly Product 0.25 0.5 0 0.25 ProductD 1 0.5 0.5 0.5 Assuming that each workstation has a capacity of 340 hours and the manufacturer wishes to maximize profit, how many units of each product should they produce? Quantity of Product A = Quantity of Product B = Quantity of Product C = Quantity of Product D = units units units units
Transcribed Image Text:A business manufactures four products (A, B, C, D), each requiring time at four different workstations (Saw, Sander, Drill Press, Assembly). Information on each of the products, including selling price per unit, demand per month, and the amount of time (hours) required on each workstation to produce one unit of product is provided below. Product ProductB ProductC ProductD 175 Selling Price $ 125 $ 135 $ 150 $ Demand 100 100 200 100 Workstation time required (hours) per unit of production Workstation ProductB ProductC 0.75 0.5 0.5 0.5 0.75 1 0.25 1.25 Saw Sander Drill Press Assembly Product 0.25 0.5 0 0.25 ProductD 1 0.5 0.5 0.5 Assuming that each workstation has a capacity of 340 hours and the manufacturer wishes to maximize profit, how many units of each product should they produce? Quantity of Product A = Quantity of Product B = Quantity of Product C = Quantity of Product D = units units units units
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