Question: Operations Management BUSN 3432 / CISC 2531 Problem Set Assignment Exercise 5: Answer both (a) and (b) for full credit Strike Inc., produces a standard

Operations Management BUSN 3432 / CISC 2531
Operations Management BUSN 3432 / CISC 2531 Problem Set Assignment Exercise 5: Answer both (a) and (b) for full credit Strike Inc., produces a standard bowling bag and a deluxe bowling bag on a weekly basis. Each bowling bag requires time for cutting and dyeing and time for sewing and finishing, as show in the following table: HOURS REQUIRED PER BAG CUTTING AND DYEING SEWING AND FINISHING PRODUCT Standard bag Deluxe bag The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are as follows: PROFIT PER UNIT (5) PRODUCT Standard bag Deluxe bag WEEKLY HOURS AVAILABLE ACTIVITY Cutting and dyeing Sewing and finishing 300 360 Strike Inc. will sell whatever quantities it produces of these two products. a) Find the mix of standard and deluxe bowling bags to produce per week that maximizes weekly profit from these activities. b) What is the value of the profit

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