8. Two products are manufactured sequentially on two machines. The time available on each machine is 8
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8. Two products are manufactured sequentially on two machines. The time available on each machine is 8 hours per day and may be increased by up to 4 hours of overtime, if necessary, at an additional cost of $100 per hour. The table below gives the production rate on the two machines as well as the price per unit of the two products. Determine the optimum production schedule and the recommended use of overtime, if any.
Production rate (unils/hr)
Machine 1 Machine 2 Price per unit ($)
Product 1 5
8 110 Product 2 5
4 118
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