Homer Tube Inc. manufactures two types of tubing: copper tubing and plastic tubing. Their factory has...
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Homer Tube Inc. manufactures two types of tubing: copper tubing and plastic tubing. Their factory has a capacity to manufacture up to 300 copper tubes and up to 500 plastic tubes per month, but can only manufacture up to a combined total of 700 of both types of tubes per month. Each copper tube takes 4 hours to manufacture and each plastic tube takes 2 hours to manufacture. Homer Tube has budgeted 1,800 hours per month to produce these tubes. If Homer Tube makes $31.00 profit on each copper tube and $14.50 profit on each plastic tube, how many of each type of tube should Homer Tube manufacture in order to maximize profits? copper tubes plastic tubes What is the maximum monthly profit? Homer Tube Inc. manufactures two types of tubing: copper tubing and plastic tubing. Their factory has a capacity to manufacture up to 300 copper tubes and up to 500 plastic tubes per month, but can only manufacture up to a combined total of 700 of both types of tubes per month. Each copper tube takes 4 hours to manufacture and each plastic tube takes 2 hours to manufacture. Homer Tube has budgeted 1,800 hours per month to produce these tubes. If Homer Tube makes $31.00 profit on each copper tube and $14.50 profit on each plastic tube, how many of each type of tube should Homer Tube manufacture in order to maximize profits? copper tubes plastic tubes What is the maximum monthly profit?
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Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
Posted Date:
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