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Chisholm Industries solved the following linear programming problem as the basis for its budget for the next operating period. Fixed costs are budgeted as $80

Chisholm Industries solved the following linear programming problem as the basis for its budget for the next operating period. Fixed costs are budgeted as $80 per unit. Chrisholm produces two products, the "regular" and the "premium". Objective function: Maximize $250xRegular + $300x Premium Subject to: Assembly hours constraint: 10 hours * Regular + 5 hours x Premium - 2,000 hours Testing hours constraint: 5 hours * Regular + 20 hours x Premium

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