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ATTACH YOUR SOLUTION AND SHOW EVERY STEP. A company produces four types of products as follows: Process Process Process Process Monthly RM cost Price
ATTACH YOUR SOLUTION AND SHOW EVERY STEP. A company produces four types of products as follows: Process Process Process Process Monthly RM cost Price A B C D demand Product 1 10 min 5 min 15 min 10 min $10/unit $80/unit 200 units Product 2 20 min 10 min NA NA $10/unit $95/unit 250 units Product 3 5 min 15 min 5 min 20 min $8/unit $90/unit 150 units Product 4 20 min 5 min 10 min 10 min $5/unit $70/unit 225 units If the company works for 8 hours per day and 20 days per month, determine the optimal product-mix and the overall profitability using the bottleneck-based method. Use a 10% capacity cushion for each station.
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