Crafty 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 and please explain the steps on how you solve it. Thank you :)
Crafty 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 and please explain the steps on how you solve it. Thank you :)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter4: Linear Programming Models
Section: Chapter Questions
Problem 73P
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Crafty 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 and please explain the steps on how you solve it. Thank you :))
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