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Better Products, Inc., manufactures three products on two machines. In a typical week, 4 0 hours are available on each machine. The profit contribution and
Better Products, Inc., manufactures three products on two machines. In a typical week, hours are available on each machine. The profit contribution and production time in hours per unit are as follows:
Category Product Product Product
Profitunit $ $ $
Machine timeunit
Machine timeunit
Two operators are required for machine ; thus, hours of labor must be scheduled for each hour of machine time. Only one operator is required for machine A maximum of laborhours is available for assignment to the machines during the coming week. Other production requirements are that product cannot account for more than of the units produced and that product must account for at least of the units produced.
How many units of each product should be produced to maximize the total profit contribution? If required, round your answers to the nearest whole number. If your answer is zero, enter
Product # of units
fill in the blank
fill in the blank
fill in the blank
What is the projected weekly profit associated with your solution?
Profit $ fill in the blank
How many hours of production time will be scheduled on each machine?
Machine Hours Schedule:
Machine fill in the blank
Hours
Machine fill in the blank
Hours
What is the value of an additional hour of labor? If required, round your answer to two decimal places.
$ fill in the blank
Assume that labor capacity can be increased to hours. Develop the optimal product mix, assuming that the extra hours are made available. If required, round nonmonetary answers to the nearest whole number. If required, round monetary answer to the nearest dollar. If your answer is zero, enter
Product # of units
fill in the blank
fill in the blank
fill in the blank
Profit $ fill in the blank
Would you be interested in using the additional hours available for this resource?
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