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The production of a standard computer requires a capital expenditure of $400 and 40 hours of labor. The production of a portable computer requires a
The production of a standard computer requires a capital expenditure of $400 and 40 hours of labor. The production of a portable computer requires a capital expenditure of $250 and 30 hours of labor. The firm has $20,000 capital and 2,160 labor-hours avail- able for production of standard and portable computers. (A) What is the maximum number of computers the com- pany is capable of producing? (B) If each standard computer contributes a profit of $320 and each portable model contributes a profit of $220, how much profit will the company make by produc- ing the maximum number of computers determined in part (A)? Is this the maximum profit? If not, what is the maximum profit? CO 52. Compulers. An electronics firm manufactures two types of personal computers - a standard model and a portable model. The production of a standard computer requires a capital expenditure of $400 and 40 hours of labor. The production of a portable computer requires a capital expenditure of $250 and 30 hours of labor. The firm has $20,000 captsal and 2,160 labor-hours available for production of standard and portable computers. (A) What is the maximum number of computers the company is capable of producing? (B) If each standard computer contributes a profit of $320 and each portable model contributes a profit of $220, how much profit will the company make by producing the maximum number of computers determined in part (A)? Is this the maximum profit? If not, what is the
The production of a standard computer requires a capital expenditure of $400 and 40 hours of labor. The production of a portable computer requires a capital expenditure of $250 and 30 hours of labor. The firm has $20,000 capital and 2,160 labor-hours avail- able for production of standard and portable computers. (A) What is the maximum number of computers the com- pany is capable of producing? (B) If each standard computer contributes a profit of $320 and each portable model contributes a profit of $220, how much profit will the company make by produc- ing the maximum number of computers determined in part (A)? Is this the maximum profit? If not, what is the maximum profit? CO
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