Linear Programming: Jabba, Inc., manufactures two products, X and Y. Each product must be processed in each
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Linear Programming: Jabba, Inc., manufactures two products, X and Y. Each product must be processed in each of two departments: assembling and finishing. The hours needed to produce one unit of product per department and the maximum possible hours per department follow:
The estimated gross margin on each product is $7 for X and $5 for Y. These gross margins include estimated fixed costs of $3 per unit. The total fixed costs are estimated at $320 Required: What is the optimal mix of output and what is the profit that would be obtained if the optimal mix were produced and sold?
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