14 ellook References A manufacturer of two products (Widgets and Gadgets) makes a profit of $100 for each widget sold and $200 for each gadget sold However, production of these products generates hazardous waste charges at the rate of $1 (where Wis the number of Widgets produced) and $36) (where G is the number of Gadgets produced). The manufacturer has ample supplies of all raw materials and can sell all the Widgets and Gadgets it produces. The firm has sufficient capacity to produce any realistic quantity of both products What is the optimal quantity of each product to produce? Note: Round your answers to 1 decimal place. Widgets and Gadgets What is the maximum profit the manufacturer can earn? Note: Round your answer to 2 decimal places. Maximum profit

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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14
References
A manufacturer of two products (Widgets and Gadgets) makes a profit of $100 for each widget sold and $200 for each gadget soid
However, production of these products generates hazardous waste charges at the rate of $1² (where Wis the number of Widgets
produced) and $36³ (where G is the number of Gadgets produced). The manufacturer has ample supplies of all raw materials and can
sell all the Widgets and Gadgets it produces. The firm has sufficient capacity to produce any realistic quantity of both products
What is the optimal quantity of each product to produce?
Note: Round your answers to 1 decimal place.
Widgets and
Gadgets
What is the maximum profit the manufacturer can earn?
Note: Round your answer to 2 decimal places.
Maximum profit
Transcribed Image Text:14 References A manufacturer of two products (Widgets and Gadgets) makes a profit of $100 for each widget sold and $200 for each gadget soid However, production of these products generates hazardous waste charges at the rate of $1² (where Wis the number of Widgets produced) and $36³ (where G is the number of Gadgets produced). The manufacturer has ample supplies of all raw materials and can sell all the Widgets and Gadgets it produces. The firm has sufficient capacity to produce any realistic quantity of both products What is the optimal quantity of each product to produce? Note: Round your answers to 1 decimal place. Widgets and Gadgets What is the maximum profit the manufacturer can earn? Note: Round your answer to 2 decimal places. Maximum profit
14
Book
References
A manufacturer of two products (Widgets and Gadgets) makes a profit of $100 for each widget sold and $200 for each gadget sold
However, production of these products generates hazardous waste charges at the rate of su² (where Wis the number of Widgets
produced) and $36³ (where G is the number of Gadgets produced). The manufacturer has ample supplies of all raw materials and can
sell all the Widgets and Gadgets it produces. The firm has sufficient capacity to produce any realistic quantity of both products
What is the optimal quantity of each product to produce?
Note: Round your answers to 1 decimal place.
Widgets and
Gadgets
What is the maximum profit the manufacturer can earn?
Note: Round your answer to 2 decimal places.
Maximum profit
Transcribed Image Text:14 Book References A manufacturer of two products (Widgets and Gadgets) makes a profit of $100 for each widget sold and $200 for each gadget sold However, production of these products generates hazardous waste charges at the rate of su² (where Wis the number of Widgets produced) and $36³ (where G is the number of Gadgets produced). The manufacturer has ample supplies of all raw materials and can sell all the Widgets and Gadgets it produces. The firm has sufficient capacity to produce any realistic quantity of both products What is the optimal quantity of each product to produce? Note: Round your answers to 1 decimal place. Widgets and Gadgets What is the maximum profit the manufacturer can earn? Note: Round your answer to 2 decimal places. Maximum profit
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