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Bill is trying to determine how many units of two types of telephones to produce each day. One of these is the standard, while the other is the deluxe. The profit per unit on the standard is $50, while the profit per unit on the deluxe is $60. Each model requires 30 minutes of assembly time. The standard requires 10 minutes of inspection time and the deluxe requires 15 minutes of inspection time. There are 450 minutes of assembly time and 180 minutes of inspection time available each day. How many of each product should be manufactured to maximize profits? Standard Phones Deluxe Phones Time Available (X1) (X2) Assembly 30 30 450 Inspection 10 15 180 Profit $50 $60

Bill is trying to determine how many units of two types of telephones to produce each day. One of these is the standard, while the other is the deluxe. The profit per unit on the standard is $50, while the profit per unit on the deluxe is $60. Each model requires 30 minutes of assembly time. The standard requires 10 minutes of inspection time and the deluxe requires 15 minutes of inspection time. There are 450 minutes of assembly time and 180 minutes of inspection time available each day. How many of each product should be manufactured to maximize profits? Standard Phones Deluxe Phones Time Available (X1) (X2) Assembly 30 30 450 Inspection 10 15 180 Profit $50 $60

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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20 40 15 30 Assembly Assembly 10 20 X2 X2 (Deluxe Phones) (Deluxe Phones) 5 10 -Įnspection Inspection 10 15 20 5 10 15 20 А. X1 (Standard Phones) С. X1 (Standard Phones) 20 40 15 30 Inspection Inspection 10 20 X2 X2 (Deluxe Phones) (Deluxe Phones) 10 Assembly Assembly 5 10 15 20 10 15 20 В. X1 (Standard Phones) D. X1 (Standard Phones)
Transcribed Image Text:20 40 15 30 Assembly Assembly 10 20 X2 X2 (Deluxe Phones) (Deluxe Phones) 5 10 -Įnspection Inspection 10 15 20 5 10 15 20 А. X1 (Standard Phones) С. X1 (Standard Phones) 20 40 15 30 Inspection Inspection 10 20 X2 X2 (Deluxe Phones) (Deluxe Phones) 10 Assembly Assembly 5 10 15 20 10 15 20 В. X1 (Standard Phones) D. X1 (Standard Phones)
Bill is trying to determine how many units of two types of telephones to produce each day. One of these is the standard, while the other is the deluxe. The profit per unit on the standard is $50, while the profit per unit on the deluxe is $60. Each model requires 30 minutes of assembly time. The standard requires 10 minutes of inspection time and the deluxe requires 15 minutes of inspection time. There are 450 minutes of assembly time and 180 minutes of inspection time available each day. How many of each product should be manufactured to maximize profits? Standard Phones Deluxe Phones Time Available (X1) (X2) Assembly 30 30 450 Inspection 10 15 180 Profit $50 $60 Which of the following graphs best describes the solution using this data?
Transcribed Image Text:Bill is trying to determine how many units of two types of telephones to produce each day. One of these is the standard, while the other is the deluxe. The profit per unit on the standard is $50, while the profit per unit on the deluxe is $60. Each model requires 30 minutes of assembly time. The standard requires 10 minutes of inspection time and the deluxe requires 15 minutes of inspection time. There are 450 minutes of assembly time and 180 minutes of inspection time available each day. How many of each product should be manufactured to maximize profits? Standard Phones Deluxe Phones Time Available (X1) (X2) Assembly 30 30 450 Inspection 10 15 180 Profit $50 $60 Which of the following graphs best describes the solution using this data?
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