Molecular Products produces three chemicals: B , C , and D . The company begins by purchasing
Fantastic news! We've Found the answer you've been seeking!
Question:
Molecular Products produces three chemicals: B C and D The company begins by purchasing chemical A for a cost of $ per liters. For an additional cost of $ and the use of three hours of skilled labor, liters of A can be transformed into liters of C and liters of B Chemical C can either be sold or processed further. It costs $ and one hour of skilled labor to process liters of C into liters of D and liters of B For each chemical, the selling price per liters and the maximum amount in s of liters that can be sold are listed in the file Pxlsx A maximum of labor hours is available. Determine how Molecular can maximize its profit. a What is the optimal amount of chemical A the company should purchase? If needed, round your answer to a whole number. liters b What is the optimal amount of chemical C the company should reprocess? If needed, round your answer to a whole number. liters c What is the optimized profit to the company? If needed, round your answer to a whole number. $ Molecular Products data Note: all units of product are in s of liters Product B C D Selling prices $ $ $ Maximum sales
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
Posted Date: