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Chapter 12 P1: Classic Corporation manufactures two models, small and large. The weekly time available for processing two models is 100 hours in machining and

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Chapter 12 P1: Classic Corporation manufactures two models, small and large. The weekly time available for processing two models is 100 hours in machining and 120 hours in polishing. The contribution margin is $3 for the small model and $4 for the large model. Each model is processed as follows: Machining Polishing Small1 hour 2 hours Large 4 hours 3 hours Formulate the objective function and constraint equations necessary to solve for the optimum product mix

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