Answered: Irwin Textile Mills produces two types…

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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Irwin Textile Mills produces two types of cotton clothdenim 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 6,500 pounds of cotton and 3,000 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 Solve the model formulated for Irwin Textile Mills graphically.

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