36. What order should the products be made in, in order to maximize profits? Ess Co. manufactures four products but next month there is likely to be a shortage of labour. The following information is available. Q R S T P40 P36.25 P44 P47.50 Contribution per unit Net profit per unit 11.50 12 13 12.50 12.50 12 11 9.50 Contribution per labor hour Net profit per labour hour 3.50 4 3.25 2.50 O a. Q,R,S,T O b. R,Q,S,T c. S,T,R,Q O d. T,S,Q,R 2
36. What order should the products be made in, in order to maximize profits? Ess Co. manufactures four products but next month there is likely to be a shortage of labour. The following information is available. Q R S T P40 P36.25 P44 P47.50 Contribution per unit Net profit per unit 11.50 12 13 12.50 12.50 12 11 9.50 Contribution per labor hour Net profit per labour hour 3.50 4 3.25 2.50 O a. Q,R,S,T O b. R,Q,S,T c. S,T,R,Q O d. T,S,Q,R 2
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter13: Nonlinear Optimization Models
Section: Chapter Questions
Problem 4P: The profit function for two products is: Profit3x12+42x13x22+48x2+700, where x1 represents units of...
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