Problem

A company produces A, B, and C and can sell these products in unlimited quantities at the...

A company produces A, B, and C and can sell these products in unlimited quantities at the following unit prices: A, $10; B, $56; C, $100. Producing a unit of A requires 1 hour of labor; a unit of B, 2 hours of labor plus 2 units of A; and a unit of C, 3 hours of labor plus 1 unit of B. Any A that is used to produce B cannot be sold. Similarly, any B that is used to produce C cannot be sold. A total of 40 hours of labor are available. Formulate an LP to maximize the company’s revenues.

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Solutions For Problems in Chapter 3.9