Problem

Carrotco manufactures two products: 1 and 2. Each unit of each product must be processed o...

Carrotco manufactures two products: 1 and 2. Each unit of each product must be processed on machine 1 and machine 2 and uses raw material 1 and raw material 2. The resource usage is as in Table 67.

table 67

 

Product 1

Product 2

Machine 1

0.6

0.4

Machine 2

0.4

0.3

Raw material 1

2  

1  

Raw material 2

1  

2  

Thus, producing one unit of product 1 uses .6 unit of machine 1 time, .4 unit of machine 2 time, 2 units of raw material 1, and 1 unit of raw material 2, the sales price per unit and demand for each product are in Table 68.

It costs $4 to purchase each unit of raw material 1 and $5 to produce each unit of raw material 2. Unlimited amounts of raw material can be purchased Two bundled units of machine 1 time and 300 units of machine 2 time are available. Determine how Carrotco can maximize its profit.

table 68

 

Product 1

Product 2

Demand

400

300

Sales Price

  30

  35

Step-by-Step Solution

Request Professional Solution

Request Solution!

We need at least 10 more requests to produce the solution.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the solution will be notified once they are available.
Add your Solution
Textbook Solutions and Answers Search