Using the information in the tables above, what is the optimal amount of Polo Shirts (P) and Dress Shirts (D) that QMB Apparel should produce to maximize it's profits?
Using the information in the tables above, what is the optimal amount of Polo Shirts (P) and Dress Shirts (D) that QMB Apparel should produce to maximize it's profits?
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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Transcribed Image Text:QMB Apparel, Inc is a local clothing company that produces two types of shirt: Polo Shirts (P) & Dress Shirts (D). The profit
contributions for each shirt and the associated production restrictions (in number of minutes available) are listed below:
Polo Shirts (P) Dress Shirts (D)
$25
$30
Profit per Unit
Cutting
Sewing
Inspection
Polo Shirts (P) Dress Shirts (D) Number of Minutes Available
40
50
1,200
40
1,100
20
1,050
60
70
Using the information in the tables above, what is the optimal amount of Polo Shirts (P) and Dress
Shirts (D) that QMB Apparel should produce to maximize it's profits?
40 Polo Shirts (P) & 10 Dress Shirts (D)
5 Polo Shirts (P) & 20 Dress Shirts (D)
30 Polo Shirts (P) & 0 Dress Shirts (D)
O0 Polo Shirts (P) & 48 Dress Shirts (D)
010 Polo Shirts (P) & 40 Dress Shirts (D)
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