Question
Chemicals products two products are sole as raw materials to companies manufacturing bath soaps, laundry detergents, & other soap products. Based on an anaalysis of
Chemicals products two products are sole as raw materials to companies manufacturing bath soaps, laundry detergents, & other soap products. Based on an anaalysis of current inventory levels and potential demand for the coming month, M&D management has speified that the total production for products 1 and 2 combined must be at least 350 gallons. Also, a major customers order for 125 gallons of product 1 must be satisfied. Product 1 requires 2 hours of processing time per gallon and product 2 requires 1 hour of processing time per gallon; for the coming month, 600 hours of processing time are available. Production costs are $2per gallong for product 1 and $3 per gallon for product 2.
c. identify the amount of any surplus production?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started