A Company is involved in the production of two products. The resources needed to produce are twofold, namely machine time for automatic processing and craftsman time for hand finishing. Product A needs 6 hours of machine time and 10 hours of craftsman time. Product B needs 9 hours of machine time and 4 hours of craftsman time. The company has 60 hours of machine time available and 40 hours of craftsman time daily. The revenue received for each item produced is $25 for product A and $32 for product B. How many of each item should be made daily to maximize profit? Solve this problem using graphical method.
A Company is involved in the production of two products. The resources needed to produce are twofold, namely machine time for automatic processing and craftsman time for hand finishing. Product A needs 6 hours of machine time and 10 hours of craftsman time. Product B needs 9 hours of machine time and 4 hours of craftsman time. The company has 60 hours of machine time available and 40 hours of craftsman time daily. The revenue received for each item produced is $25 for product A and $32 for product B. How many of each item should be made daily to maximize profit? Solve this problem using graphical method.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A Company is involved in the production of two products. The resources needed
to produce are twofold, namely machine time for automatic processing and craftsman time
for hand finishing. Product A needs 6 hours of machine time and 10 hours of craftsman time.
Product B needs 9 hours of machine time and 4 hours of craftsman time. The company has
60 hours of machine time available and 40 hours of craftsman time daily. The revenue
received for each item produced is $25 for product A and $32 for product B. How many of
each item should be made daily to maximize profit?
Solve this problem using graphical method.
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