A Singapore company manufactures 50-inch and 75-inch rear projection television sets. Each 50-inch set contributes $225 to

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A Singapore company manufactures 50-inch and 75-inch rear projection television sets. Each 50-inch set contributes $225 to profits and each 75-inch set contributes $495 to profits. The company has purchase commitments for 400 50-inch sets for the next month. Although they think they can sell all the 50-inch sets that they could currently make, they do not think they can sell more than 375 75-inch sets. Their factory capacity allows them to make only 975 sets of both sizes total. Formulate as a linear programming problem.
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Managerial Economics Theory Applications and Cases

ISBN: 978-0393912777

8th edition

Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield

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