Question: please show all work and formulas Problem 2 McCormick Manufacturing Company produces two products with contributions to profit per unit of $10 and $9, respectively.
please show all work and formulas
Problem 2 McCormick Manufacturing Company produces two products with contributions to profit per unit of $10 and $9, respectively. The labor requirements per unit produced and the total hours of labor available from personnel assigned to each of the four departments are shown in the following table. Find the optimal production plan which generates the highest total profit, subject to availability of labor hours. Labor-Hours per Unit Department Product 1 Product 2 Total Hours Available 1 0.65 0.95 6500 2 0.45 0.85 6000 3 1.00 0.70 7000 4 0.15 0.30 1400
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