Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requires time for cutting and dyeing

Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requires time for cutting and dyeing and time for sewing and finishing, as shown in the following table:
HOURS REQUIRED PER BAG
Product Cutting and Dyeing Sewing and Finishing
Standard bag 1/21
Deluxe bag 12/3
The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are as follows:
Product Profit Per Unit ($)
Standard bag 10
Deluxe bag 8
Activity Weekly Hours Available
Cutting and dyeing 300
Sewing and finishing 360
Par, Inc., will sell whatever quantities it produces of these two products.
Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profit from these activities. x1=
[ Select ]
, x2=
[ Select ]
What is the value of the profit? $
[ Select ]
How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $

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

Operations Management Sustainability And Supply Chain Management

Authors: Jay Heizer, Barry Render, Chuck Munson, Paul Griffin

3rd Canadian Edition

0134838076, 978-0134838076

More Books

Students also viewed these General Management questions