E-Bikes produces two new models of Electric Bicycles, the AX and the BX. E-Bikes revenue (in $l,000s)
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E-Bikes produces two new models of Electric Bicycles, the AX and the BX. E-Bikes revenue (in $l,000s) for the firm is nonlinear and is stated as (number of AXs)(5 - 0.2 number of AXs) + (number of BXs)(7 - 0.3 number of BXs). E-Bikes has 80 labor-hours available per week in its paint shop. Each AX requires 2 labor-hours to paint and each BX requires 3 labor-hours. Formulate this nonlinear production planning problem to determine how many AX and BX skateboards should be produced per week at Scooter's. What is the value of the Objective Function?
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