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The Tycron Company produces three electrical products clocks , radios, and toasters. These products have the following resource requirements: Resource Requirements Product Cost / Unit
"The Tycron Company produces three electrical productsclocks radios, and toasters. These products have the following resource requirements:
Resource Requirements
Product
CostUnit
Labor HoursUnit
Clock
$
Radio
Toaster
The manufacturer has a daily production budget of $ and a maximum of hours of labor. Maximum daily customer demand is for clocks, radios, and toasters. Clocks sell for $ radios for $ and toasters for $ The company desires to know the optimal product mix that will maximize profit.
Formulate and solve a linear programming model for this problem."
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