AJ toy company makes toy trucks and toy fire engines. It requires 2 hours for each...
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AJ toy company makes toy trucks and toy fire engines. It requires 2 hours for each truck and 3 hours for each fire engine to make the metal pieces for the toys. There are 24,000 hours available to do this. The assembly department can put together at most 6600 trucks per week and at most 5500 fire engines per week. The painting department, which puts the finishing touches on the toys, can handle a maximum of 10,000 per week. If the profit is $8.50 for a toy truck and $12.00 for a toy fire engine, how many of each item should the company produce to maximize profit. What is the maximum profit? AJ toy company makes toy trucks and toy fire engines. It requires 2 hours for each truck and 3 hours for each fire engine to make the metal pieces for the toys. There are 24,000 hours available to do this. The assembly department can put together at most 6600 trucks per week and at most 5500 fire engines per week. The painting department, which puts the finishing touches on the toys, can handle a maximum of 10,000 per week. If the profit is $8.50 for a toy truck and $12.00 for a toy fire engine, how many of each item should the company produce to maximize profit. What is the maximum profit?
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To maximize profit we need to determine the optimal number of toy trucks and toy fire engines to pro... View the full answer
Related Book For
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
Posted Date:
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