c. What is the total profit contribution Kelson can earn with the optimal production quantities? Kelson Sporting Equipment, Inc. makes two types of baseball gloves: a regular model and a catcher's model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table: Model Regular model Catcher's model Production Time (Hours) Cutting & Sewing 1 3/2 Finishing 1/2 1/3 Packaging & Shipping 1/8 1/4 Assuming that the company is interested in maximizing the total profit contribution, answer the following: Profit/Glove $5 $8

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c. What is the total profit contribution Kelson can earn with the optimal production quantities?
Transcribed Image Text:c. What is the total profit contribution Kelson can earn with the optimal production quantities?
Kelson Sporting Equipment, Inc. makes two types of baseball gloves: a regular model and a catcher's model. The firm has 900 hours of
production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours
available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given
in the following table:
Model
Regular model
Catcher's model
Production Time (Hours)
Cutting & Sewing
1
3/2
Finishing
1/2
1/3
Packaging & Shipping
1/8
1/4
Assuming that the company is interested in maximizing the total profit contribution, answer the following:
Profit/Glove
$5
$8
Transcribed Image Text:Kelson Sporting Equipment, Inc. makes two types of baseball gloves: a regular model and a catcher's model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table: Model Regular model Catcher's model Production Time (Hours) Cutting & Sewing 1 3/2 Finishing 1/2 1/3 Packaging & Shipping 1/8 1/4 Assuming that the company is interested in maximizing the total profit contribution, answer the following: Profit/Glove $5 $8
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