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A small fabrication firm makes three basic types of components for use by other companies. Each component is processed on three machines. The processing times
A small fabrication firm makes three basic types of components for use by other companies. Each component is processed on three machines. The processing times follow. Total capacities (in hours) are 1,600 for machine 1; 1,400 for machine 2; and 1,500 for machine 3.
PROCESSING TIME (HR) Component Machine 1 Machine 2 Machine 3 A 0.25 0.10 0.05 B 0.20 0.15 0.10 C 0.10 0.05 0. 15REQUIREMENT (OZ/UNIT) Component Raw Material 1 Raw Material 2 Selling Price per Unit A 32 12 $40 B 26 16 $28 C 19 LO $24Step by Step Solution
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