The aim of the objective function for Par​ Inc., should be to  Maximize / Minimize  the objective value.

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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Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requires time for cutting and dyeing and time for sewing and​ finishing, as shown in the following​ table:

 

Hours Required per Bag

Product

Cutting and Dyeing

Sewing and Finishing

Standard Bag

​1/2

1

Deluxe Bag

1

​2/3

The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are as​ follows:

Product

Profit per Unit​ ($)

Standard Bag

$5

Deluxe Bag

$8

Activity

Weekly Hours Available

Cutting and Dyeing

270

Sewing and Finishing

360

       

Par​ Inc., will sell whatever quantities it produces of these two products.

The aim of the objective function for Par​ Inc., should be to

 

Maximize

Minimize  ​Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requires time for cutting and dyeing and time for sewing and​ finishing, as shown in the following​ table:

 

Hours Required per Bag

Product

Cutting and Dyeing

Sewing and Finishing

Standard Bag

​1/2

1

Deluxe Bag

1

​2/3

The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are as​ follows:

Product

Profit per Unit​ ($)

Standard Bag

$5

Deluxe Bag

$8

Activity

Weekly Hours Available

Cutting and Dyeing

270

Sewing and Finishing

360

       

Par​ Inc., will sell whatever quantities it produces of these two products. The aim of the objective function for Par​ Inc., should be to  Maximize / Minimize  the objective value. the objective value.

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