A company produces widgets at plants 1 and 2. It costs 125x 1/2 dollars to produce x
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A company produces widgets at plants 1 and 2. It costs 125x1/2 dollars to produce x units at plant 1 and 235x1/3 dollars to produce x units at plant 2. Each plant can produce up to 500 units. Each unit produced can be sold for $10. At most 800 widgets can be sold. Determine how the company can maximize its profit.
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Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
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