A factory that makes statuettes is trying to maximize its income. Their two primary products are the
Question:
A factory that makes statuettes is trying to maximize its income. Their two primary products are the Venus and David statuettes. Each Venus requires 36 hours of machine time to rough cut the shape and 40 hours of craftsman time to finish the details. The David requires 48 hours on the machines and 20 hours with the craftsman's hand. The factory is limited each day to 432 hours of machine time and 400 hours of craftsman time. Both use 55 pounds of stone, and the factory has 605 pounds of stone available per day. If each Venus brings in a profit of ninety-five dollars, and each David brings in one hundred dollars, we want to know how many statuettes of each type the factory should make each day.
Let V represent the number of Venus statuettes and D represent the number of David statuettes. Write the objective equation.
Income =
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil