Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Leah 8t Co. manufactures three products using three different machines. Selling price per unit are $24 for product 1, $25 for product 2, and $28

image text in transcribedimage text in transcribedimage text in transcribed
Leah 8t Co. manufactures three products using three different machines. Selling price per unit are $24 for product 1, $25 for product 2, and $28 for product 3. The costs/unit of producing each product on each machine are shown in the following table: Machine 1 Machine 2 Machine 3 Product 1 $6.79 $10.53 $11.45 Product 2 $3.75 $4.03 $10.79 Product 3 $7.45 $10.60 $10.33 The company wants to determine how many units of each product to produce to maximize profit (contribution) margin. Let 33,-}- = number of units of product i from machine j; i: 1, 2, 3 j = 1, 2, 3 Select the best interpretation for each of the following constraints from the given options: a) $11 + 3321 + 3331 180 I Produce no less than 180 units of Product 1. V C) 3331 $32 3333 S 18 | Produce no less than 18 units more of Product 3 on Machine 1 than on Machines 2 and 3 combined. VI d) 3313 $23 $33 > 18 I Produce no less than 18 units more of Product 3 on Machine 1 than on Machines 2 and 3 combined. VI e) 0.13312 I 0.13322 0.9.1332 2 0 I Select an answer v 1:) 0.93321 + 0.9322 0.111323 2 0' I Select an answer V g) 10.6$32 4.033322 3 0 | Select an answer v h) 10.793323 4.0311322 S 0 I Select an answer i) 12.553313 + 14.21$23 + 17.673333 2 9700 | Select an answer v bl k) 3332 2m33 2 0 | Select an answer l) 3323 23333 E 0 I Select an

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

Step: 3

blur-text-image

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

Trigonometry

Authors: David M Kennedy, James Stewart, Lothar Redlin, Saleem Watson

2nd Edition

1285226089, 9781285226088

More Books

Students also viewed these Mathematics questions

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago