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2. A company that operates 10 hours a day manufactures three products on three sequential processes. The following table summarizes the data of the problem:
2. A company that operates 10 hours a day manufactures three products on three sequential processes. The following table summarizes the data of the problem: Minutes per unit Product Unit Profit Process 1 Process 2 Process 3 10 6 8 Php 4.50 2 5 10 Php 5.00 3 6 g 12 Php 4.00 a) Determine the optimal product mix of the two products. b) Use the dual prices to prioritize the three processes for possible expansion. c) If additional production hours can be allocated, what would be a fair cost per additional hour for each process
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