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Magic Golf Putters (MGP) manufactures three distinct designs of golf putters: AccuPutt, PureStrike, and TruePath. The table below provides detailed information regarding the raw material
Magic Golf Putters (MGP) manufactures three distinct designs of golf putters: AccuPutt, PureStrike, and TruePath. The table below provides detailed information regarding the raw material and labor requirements for each type of putter. The data in the "Availability" row of the table specify the maximum amount of the resources that can be purchased in the current planning period. MGP adopts an efficient procurement strategy, acquiring only the required quantities of three materials (beryllium, titanium, and steel) at prices expressed as $/kg, listed in the "Cost/Unit" row of the table. Moreover, the company treats labor as a direct cost, paying only for labor that it actually uses in the casting and finishing departments. These labor costs, expressed as $/ hour, are also specified in the "Cost/Unit" row of the table. MGP must adhere to two requirements regarding the production and sale of putters. Firstly, the combined quantity of AccuPutt and TruePath cannot surpass 40% of the total number of putters produced. Secondly, a minimum of 20% of the putters it manufactures and sells must be of TruePath. The company must determine the optimal mix of putters to produce in order to maximize its overall profit. Magic Golf Putters (MGP) manufactures three distinct designs of golf putters: AccuPutt, PureStrike, and TruePath. The table below provides detailed information regarding the raw material and labor requirements for each type of putter. The data in the "Availability" row of the table specify the maximum amount of the resources that can be purchased in the current planning period. MGP adopts an efficient procurement strategy, acquiring only the required quantities of three materials (beryllium, titanium, and steel) at prices expressed as $/kg, listed in the "Cost/Unit" row of the table. Moreover, the company treats labor as a direct cost, paying only for labor that it actually uses in the casting and finishing departments. These labor costs, expressed as $/ hour, are also specified in the "Cost/Unit" row of the table. MGP must adhere to two requirements regarding the production and sale of putters. Firstly, the combined quantity of AccuPutt and TruePath cannot surpass 40% of the total number of putters produced. Secondly, a minimum of 20% of the putters it manufactures and sells must be of TruePath. The company must determine the optimal mix of putters to produce in order to maximize its overall profit
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