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(Use the same scenario as above.) If the company produces 8 units of A and 5 units of B, the amount of slack (in hours) for

(Use the same scenario as above.) If the company produces 8 units of A and 5 units of B, the amount of slack (in hours) for

Practical Management Science
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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(Use the same scenario as above.) If the company produces 8 units of A and 5 units of B, the amount of slack (in hours) for process 1 is a. 14 hours b. 20 hours c. 57 hours d. 23 hours.
Transcribed Image Text:(Use the same scenario as above.) If the company produces 8 units of A and 5 units of B, the amount of slack (in hours) for process 1 is a. 14 hours b. 20 hours c. 57 hours d. 23 hours.
USE THIS SCENARIO FOR THE NEXT FIVE QUESTIONS. A company produces product A and product B. Each product must go through two processes. In the following "A" is used to represent the number of units of A to produce and "B" is used to represent the number units of B to produce. Each A produced requires five hours in process 1 and four hours in process 2. Each B produced requires four hours in process 1 and five hours in process 2. There are 80 hours of capacity available each week for process 1 and 100 hours available for process 2. Each A produced generates $6.00 in profit for the company. Each B produced generates $9.00 in profit for the company. The company's objective function is to maximize
Transcribed Image Text:USE THIS SCENARIO FOR THE NEXT FIVE QUESTIONS. A company produces product A and product B. Each product must go through two processes. In the following "A" is used to represent the number of units of A to produce and "B" is used to represent the number units of B to produce. Each A produced requires five hours in process 1 and four hours in process 2. Each B produced requires four hours in process 1 and five hours in process 2. There are 80 hours of capacity available each week for process 1 and 100 hours available for process 2. Each A produced generates $6.00 in profit for the company. Each B produced generates $9.00 in profit for the company. The company's objective function is to maximize
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