NAME: man-machine took an employee 300 minutes. Using an 8 rning curve indicates that the second setup on the new machine is ex 33) Local Steel Construction Company produces two products, steel and wood beams. Steel beams have a unit contribution margin of $200, and wood beams have a unit contribution margin of $150. The demand for steel beams exceeds available direct labor and machine-hours. The maximum demand for wood beams is 90 per week. Management desires that the product mix should maximize the weekly contribution toward fixed costs and profits. Local Steel Construction Company's capacity, which is limited by Direct manufacturing labor is limited to 3,000 hours a week and 1,000 hours is all that the company's Wood beams require 150 labor hours and 120 machine-hours. Required: S steel beams outdated machines can run a week. The steel beams require 120 hours of labor and 60 machine-hours Formulate the objective function and constraints necessary to determine the optimal product mx W wood beams Page 9 of 9 NAME: man-machine took an employee 300 minutes. Using an 8 rning curve indicates that the second setup on the new machine is ex 33) Local Steel Construction Company produces two products, steel and wood beams. Steel beams have a unit contribution margin of $200, and wood beams have a unit contribution margin of $150. The demand for steel beams exceeds available direct labor and machine-hours. The maximum demand for wood beams is 90 per week. Management desires that the product mix should maximize the weekly contribution toward fixed costs and profits. Local Steel Construction Company's capacity, which is limited by Direct manufacturing labor is limited to 3,000 hours a week and 1,000 hours is all that the company's Wood beams require 150 labor hours and 120 machine-hours. Required: S steel beams outdated machines can run a week. The steel beams require 120 hours of labor and 60 machine-hours Formulate the objective function and constraints necessary to determine the optimal product mx W wood beams Page 9 of 9