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II. The ABC Manufacturing Company makes two products. The profit estimates are $5 for each unit of product 1 sold and $4 for each
II. The ABC Manufacturing Company makes two products. The profit estimates are $5 for each unit of product 1 sold and $4 for each unit of product 2 sold. The labor-hour requirements for the products in each of three production departments are summarized below: labor-hour requirements (hrs) product 1 Department A Department B 1.50 2.00 Department C 1.00 product 2 labor-hour availability 3.00 450 1.00 350 1.00 200 Assuming that the company is interested in maximizing profits, the following LP formulation and LINDO computer output are given: Let X units of product 1 to be produced X: units of product 2 to be produced MAX 5 x1 + 4 X2 SUBJECT TO 2) 1.5 x1 + 3.0 x2
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