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Following questions demonstrate the use of linear programming (LP): Belmont Co. manufactures and sells two products, shirts and gloves, in its two- department plant.
Following questions demonstrate the use of linear programming (LP): Belmont Co. manufactures and sells two products, shirts and gloves, in its two- department plant. Belmont employs linear programming to determine its optimum product mix based on total contribution margin. Economic data pertaining to the two products are presented below. Selling price per unit Cost data per unit Shirt [S] Variable manufacturing cost Variable marketing cost Fixed manufacturing cost Fixed marketing cost Gloves [G] Monthly capacity Gloves[G] Shirt[S] $22 $40 12 2 1258 Direct Labor Data Cutting 12 minutes 6 minutes 960 hours Finishing 15 minutes 30 minutes 1,920 hours 2492
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