The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring and 2 man-hours to make one SST ring. How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $20 and on an SST ring is $50? Select one: O a. 12 VIP and 12 SST O b. 4 VIP and 20 SST O C. O VIP and 20 SST Od. O VIP and 24 SST

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter4: Linear Programming Models
Section4.8: Data Envelopment Analysis (dea)
Problem 42P
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Solve the problem.
The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings
each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring and 2 man-hours to make one
SST ring. How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is
$20 and on an SST ring is $50?
Select one:
O a.
12 VIP and 12 SST
Ob.
4 VIP and 20 SST
O VIP and 20 SST
O d. 0 VIP and 24 SST
Transcribed Image Text:Solve the problem. The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring and 2 man-hours to make one SST ring. How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $20 and on an SST ring is $50? Select one: O a. 12 VIP and 12 SST Ob. 4 VIP and 20 SST O VIP and 20 SST O d. 0 VIP and 24 SST
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ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,