Question: Please answer showing full solution Question 2 A company that operates 10 hrs a day manufactures three products on three processes. The following table summarizes

Please answer showing full solution

Please answer showing full solution Question 2 A

Question 2 A company that operates 10 hrs a day manufactures three products on three processes. The following table summarizes the data of the problem: Minutes per unit Product Process 1 Process 2 Process 3 Unit price (S) 1 10 6 8 4.50 2 5 8 5.00 3 6 9 12 4.00 10 a) Determine the optimal product mix. b) Use the dual prices to prioritize the three processes for possible expansion c) If additional production hours can be allocated, what would be a fair cost per additional hour for each process

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