Widgetco produces two types of widgets. Each widget is made of steel and aluminum and is assembled
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Widgetco produces two types of widgets. Each widget is made of steel and aluminum and is assembled with skilled labor. The resources used and the per-unit profit contribution (ignoring cost of overtime labor purchased) for each type of widget are given in the file P16_19.xlsx. At present, 200 pounds of steel, 300 pounds of aluminum, and 300 hours of labor are available. Extra overtime labor can be purchased for
$10 per hour. Construct a trade-off curve between the objectives of maximizing profit and minimizing overtime labor.
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Related Book For
Practical Management Science
ISBN: 9781111531317
4th Edition
Authors: Wayne L. Winston, S. Christian Albright
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