Question
A concrete beam manufacturer produces two products. Type A requires 2 hrs of preparation, 4 hrs of casting, and 10 hrs of finishing; while
A concrete beam manufacturer produces two products. Type A requires 2 hrs of preparation, 4 hrs of casting, and 10 hrs of finishing; while Type B requires 5, 1, and 5 hrs, respectively. There are time constraints in hours for the two products as shown: 2A +5B 40 4A+B 20 10A + 5B 60 The profit on Type A is 24 and 8 for Type B. How many of each type should be produced for maximizing profits?
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Managerial Decision Modeling With Spreadsheets
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