6. Classic Corporation manufactures two models, small and large. The weekly time available forprocessing the two models is 100 hours in machining and 90 hours in polishing. The contributionmargin is $3 for the small model and $4 for the large model. Each model is processed as follows:Machining1 hour4 hoursSmallLargePolishing2 hours3 hoursRequired-Using the graph method determine the optimal product mix to maximize profit. Assume thatyou sell whatever you produce of either product.

MachiningPolishingProfitSmall123Large434Time available 10090

Answered: Required-Using the graph method…

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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Required-Using the graph method determine the optimal product mix to maximize profit. Assume that you sell whatever you produce of either product.