Famous Money Designs (FMD) manufactures a standard size tennis racket and an oversize tennis racket. The company's tennis rackets are extremely light due to the use of a magnesium graphite alloy. Each standard size racket uses 0.125 kilograms of the alloy and each oversize racket uses 0.4 kilograms; over the next two week production period only 80 kilograms of the alloy are available. Each standard-size racket uses 10 minutes of manufacturing time and each oversize racket uses 12 minutes. Also, 40 hours of manufacturing time are available each week. The profit contributions are $10 for each standard-size tennis racket and $15 for each oversize tennis racket. How many rackets of each type should (FMD) manufacture over the next two weeks to maximize the total profit contribution? Part A: Define decision variables and formulate the problem Part B:
Famous Money Designs (FMD) manufactures a standard size tennis racket and an oversize
tennis racket. The company's tennis rackets are extremely light due to the use of a magnesium graphite
alloy. Each standard size racket uses 0.125 kilograms of the alloy and each oversize
racket uses 0.4 kilograms; over the next two week production period only 80 kilograms
of the alloy are available. Each standard-size racket uses 10 minutes of manufacturing time and each oversize racket uses 12 minutes. Also, 40 hours of manufacturing time are available each week. The profit contributions are $10 for each standard-size tennis racket and $15 for each oversize tennis racket. How many rackets of each type should (FMD) manufacture over the next two weeks to maximize the total profit contribution?
Part A: Define decision variables and formulate the problem
Part B:
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