Problem S14-2.

The Tycron Company produces three electrical productsclocks, radios, and toasters. These products have the following resource requirements:

Resource Requirements

ProductCost/UnitLabor Hours/Unit

Clock$ 72

Radio103

Toaster52

The manufacturer has a daily production budget of $2000 and a maximum of 660 hours of labor. Maximum daily customer demand is for 200 clocks, 300 radios, and 150 toasters. Clocks sell for $15, radios, for $20, and toasters, for $12. The company desires to know the optimal product mix that will maximize profit.

Formulate and solve a linear programming model for this problem.