A jewellery company makes rings (R) and necklaces (N). The resources available to the company have been

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A jewellery company makes rings (R) and necklaces (N).
The resources available to the company have been analysed and two constraints have been identified:
Labour time 3R + 2N ≤ 2,400 hours
Machine time 0.5R + 0.4N ≤ 410 hours
The management accountant has used linear programming to determine that R = 500 and N = 400.
Which of the following is/are slack resources?
1. Labour time available
2. Machine time available
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

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Management And Cost Accounting

ISBN: 9781473773615

11th Edition

Authors: Mike Tayles, Colin Drury

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