hing, and there are at most 12 hours available fo of assembly and 2 hours of finishing, while a prer of finishing. Due to other restrictions, the compan is realized for each regular gadget and $30 for a

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section: Chapter Questions
Problem 47P
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P4a This is for my reviewer only please help me with the step by step solution and answer, thank you
A factory manufactures two types of gadgets, regular and premium. Each gadget requires the use of two
operations, assembly, and finishing, and there are at most 12 hours available for each operation. A
regular gadget requires 1 hour of assembly and 2 hours of finishing, while a premium gadget needs 2
hours of assembly and 1 hour of finishing. Due to other restrictions, the company can make at most 7
gadgets a day. If a profit of $20 is realized for each regular gadget and $30 for a premium gadget, how
much is the maximum profit?
Transcribed Image Text:A factory manufactures two types of gadgets, regular and premium. Each gadget requires the use of two operations, assembly, and finishing, and there are at most 12 hours available for each operation. A regular gadget requires 1 hour of assembly and 2 hours of finishing, while a premium gadget needs 2 hours of assembly and 1 hour of finishing. Due to other restrictions, the company can make at most 7 gadgets a day. If a profit of $20 is realized for each regular gadget and $30 for a premium gadget, how much is the maximum profit?
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