24. A company produces two types of pencils, say A and B. Pencil A is of superior...
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24. A company produces two types of pencils, say A and B. Pencil A is of superior quality and pencil Bis of lower quality. Profits on the pencils A and B are Rs 5 and 3 per pencil respectively. Raw material required for each pencil A is twice as much as that of pencil B. The supply ofraw material is sufficient only for 1000 pencils of type B per day. Pencil A requires a special clip and only 400 clips are available per day. For Pencil B only 700 clips are available per day. Use graphical method to find the product-mix that the company can make to make maximum profit.
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