Barrows Textile Mills produces two types of cotton cloth— denim and corduroy. Corduroy is a heavier grade of cotton cloth and, as such, requires 7.5 pounds of raw cotton per yard, whereas denim requires 5 pounds of raw cotton per yard. A yard of corduroy requires 3.2 hours of processing time; a yard of denim requires 3.0 hours. Although the demand for denim is practically unlimited, the maximum demand for corduroy is 510 yards per month. The manufacturer has 6500 pounds of cotton and 3000 hours of processing time available each month. The manufacturer makes a profit of $2.25 per yard of denim and $3.10 per yard of corduroy. The manufacturer wants to know how many yards of each type of cloth to produce to maximize profit.
Barrows Textile Mills produces two types of cotton cloth— denim and corduroy. Corduroy is a heavier grade of cotton cloth and, as such, requires 7.5 pounds of raw cotton per yard, whereas denim requires 5 pounds of raw cotton per yard. A yard of corduroy requires 3.2 hours of processing time; a yard of denim requires 3.0 hours. Although the demand for denim is practically unlimited, the maximum demand for corduroy is 510 yards per month. The manufacturer has 6500 pounds of cotton and 3000 hours of processing time available each month. The manufacturer makes a profit of $2.25 per yard of denim and $3.10 per yard of corduroy. The manufacturer wants to know how many yards of each type of cloth to produce to maximize 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...
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4. Barrows Textile Mills produces two types of cotton cloth— denim and corduroy.
Corduroy is a heavier grade of cotton cloth and, as such, requires 7.5 pounds of raw
cotton per yard, whereas denim requires 5 pounds of raw cotton per yard. A yard of
corduroy requires 3.2 hours of processing time; a yard of denim requires 3.0 hours.
Although the demand for denim is practically unlimited, the maximum demand for
corduroy is 510 yards per month. The manufacturer has 6500 pounds of cotton and 3000
hours of processing time available each month. The manufacturer makes a profit of
$2.25 per yard of denim and $3.10 per yard of corduroy. The manufacturer wants to
know how many yards of each type of cloth to produce to maximize profit.
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