Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

L Khalil is an Omani furniture producer uses three machines M1, M2, and M3 to produce tables and chairs. Machines M1 and M2 are suitable

image text in transcribed
L Khalil is an Omani furniture producer uses three machines M1, M2, and M3 to produce tables and chairs. Machines M1 and M2 are suitable for being used for at most 24 hours whereas machine M3 must be used for at least 10 hours a day. To produce tables and chairs each requiring the use of all three machines. The number of hours required for producing 1 item of each of the tables and chairs on the three machines is given in the following table: Fi Numbers of hours required on machines M1 M2 M3 table 2 4 2 4 Chair 2 2.5 He makes a profit of OMR 1200 and OMR 800 on 1 unit of tables and chairs respectively. How many items of each product should he produce so as to maximize his profit assuming that he can sell all the products that he produced? What will be the maximum profit? Select one O a to produce 24 tables and 8 chairs, max profit = OMR 6800 b. to produce 4 tables and 4 chairs, max profit = OMR 00 O c to produce 8 tables and 24 chairs, max profit = OMR 3600 Od to produce 50 tables and chairs, max profit = OMR 6840

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Managing Business Information Preliminary Edition Volume I

Authors: Thomas L. Albright , Robert W. Ingram

1st Edition

0324061625, 978-0324061628

More Books

Students explore these related Accounting questions