Question: A small fabrication firm makes three basic types of components for use by other companies. Each component is processed on three machines. Total capacities (in

A small fabrication firm makes three basic types of components for use by other companies. Each component is processed on three machines. Total

A small fabrication firm makes three basic types of components for use by other companies. Each component is processed on three machines. Total capacities (in hours) are 1,700 for machines 1;1,300 for machine 2 ; and 1,600 for machine 3 . The processing times are as follows: Processing Time (hr) \begin{tabular}{cccc} \hline Component & Machine 1 & Machine 2 & Machine 3 \\ \hline A & 0.25 & 0.10 & 0.05 \\ B & 0.20 & 0.15 & 0.10 \\ C & 0.10 & 0.05 & 0.15 \\ \hline \end{tabular} Each component contains a different amount of two basic raw materials. Raw material 1 costs $0.15 per ounce, and raw material 2 costs $0.50 per ounce. At present, 180,000 ounces of raw material 1 and 90,000 ounces of raw material 2 are available. Requirements (oz/unit) \begin{tabular}{cccc} \hline Component & Raw Material 1 & Raw Material 2 & Selling Price (\$/unit) \\ \hline A & 28 & 12 & 39.10 \\ B & 26 & 16 & 29.20 \\ C & 18 & 9 & 24.30 \\ \hline \end{tabular} Constraints (enter your responses rounded to two decimal places)

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