Question
Technostrain Corporation manufactures two products: X and Y. The company has 4,000 hours of machine time available and can sell no more than 800 units
Technostrain Corporation manufactures two products: X and Y. The company has 4,000 hours of machine time available and can sell no more than 800 units of product X. Other pertinent data follow.
| Product X | Product Y | ||||||
| Selling price | $ | 8.00 | $ | 19.00 | |||
| Variable cost | 3.00 | 5.00 | |||||
| Fixed cost | 3.50 | 6.25 | |||||
| Machine time per unit | 2 hours | 3 hours | |||||
Which of the following is Technostrains objective function?
Multiple Choice
-
Maximize Z = 8X + 19Y.
-
Maximize Z = 1.50X + 7.75Y.
-
Maximize Z = 5X + 14Y.
-
Minimize Z = 6.50X + 11.25Y.
-
Maximize Z = 2X + 3Y.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Contemporary Issues In Social Science
Authors: Simon Grima, Ercan Özen, Hakan Boz
1st Edition
1800439318, 9781800439313
