4. The Toones Company has $30,000 for the purchase of materials to make three types of MP3 players. The com- pany has allocated a total of 1200 hours of assembly time and 180 hours of pack- aging time for the players. The following table gives the cost per player, the num- ber of hours per player, and the profit per player for each type: Турe 1 Туре 2 Туре 3 Cost/ $300 $300 $400 Player Assembly 15 15 10 Hours/ Player Packaging 2 2 Hours/ Player Profit $150 $250 $200 Find the number of players of each type the company should produce to maxi- mize profit.
4. The Toones Company has $30,000 for the purchase of materials to make three types of MP3 players. The com- pany has allocated a total of 1200 hours of assembly time and 180 hours of pack- aging time for the players. The following table gives the cost per player, the num- ber of hours per player, and the profit per player for each type: Турe 1 Туре 2 Туре 3 Cost/ $300 $300 $400 Player Assembly 15 15 10 Hours/ Player Packaging 2 2 Hours/ Player Profit $150 $250 $200 Find the number of players of each type the company should produce to maxi- mize profit.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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