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A company makes color television sets. It produces a bargain set that sells for $330 profit and a deluxe set that sells for $590
A company makes color television sets. It produces a bargain set that sells for $330 profit and a deluxe set that sells for $590 profit. On the assembly line, the bargain set requires 5 hours, while the deluxe set takes 7 hours. The cabinet shop spends 1 hour on the cabinet for the bargain and 2 hours on the cabinet for the deluxe set. Both sets require 4 hours for testing and packing. On a particular production run, the company has available 3600 work-hours on the assembly line, 900 work-hours in the cabinet shop, and 2600 work-hours in the testing and packing department. Complete parts (a) through (c). (a) How many sets of each type should the company produce to maximize profit? What is the maximum profit? The company should produce Tyne whole numbers deluxe sets and bargain sets to maximize profit.
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