A manufacturer makes two products x1 and x2. The first requires 5 hours for processing, 3 hours
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A manufacturer makes two products x1 and x2. The first requires 5 hours for processing, 3 hours for assembling, and 4 hours for packaging. The second requires 2 hours for processing, 12 hours for assembling, and 8 hours for packaging. The plant has 40 hours available for processing, 60 for assembling, and 48 for packaging. The profit margin for x1 is $7; for x2 it is $21. Express the data in equations and inequalities necessary to determine the output mix that will maximize profits.
For a graphic solution, see Problem 7.9.
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Related Book For 
Schaum S Outline Of Mathematical Methods For Business Economics And Finance
ISBN: 978-1264266876
2nd Edition
Authors: Luis Moises Pena Levano
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