A small industry produces two items, I and II. It operates at capacity and makes a profit

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A small industry produces two items, I and II. It operates at capacity and makes a profit of $18 on each item I and $12 on each item II. The following table gives the hours required to produce each item and the hours available per day.

II Hours Available Assembly Packaging & 2 hours 1 hour 100 inspection 1 hour 1 hour 60

Find the number of items that should be produced each day to maximize profits, and find the maximum daily profit.

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:19 AM

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A small industry produces two items, I and II. It operates at capacity and makes a profit

Question:

II Hours Available Assembly Packaging & 2 hours 1 hour 100 inspection 1 hour 1 hour 60

Step by Step Answer:

Let x number of Is and y number of IIs Maxi...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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