Problem

Two-Product Corporation Rework under the condition that the demand for plastics is $1,860,...

Two-Product Corporation Rework under the condition that the demand for plastics is $1,860,000 and the demand for industrial equipment is $2,790,000.

Two-Product Corporation A corporation has a plastics divi-sion and an industrial equipment division. For each $1 worth of output, the plastics division needs $.02 worth of plastics and $.10 worth of equipment. For each $1 worth of output, the industrial equipment division needs $.01 worth of plastics and $.05 worth of equipment. At what level should the divisions produce to meet a demand for $930,000 worth of plastics and $465,000 worth of industrial equipment?

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Solutions For Problems in Chapter 2.6