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Premium Basketballs.net manufactures two kinds of basketballs - a leather model and a synthetic rubber model. In the manufacturing process each leather model requires 3 hours of shaping and 5 hours of finishing, and each rubber model needs 2 hours of shaping and 3 hours of finishing. The company has five employees for shaping and three finishers, each of whom works at most 30 hours per week. Each leather model brings a profit of $40.00 and each rubber a profit of $20.00. Assuming that every basketball will be sold, how many of each should be made to maximize profit? SET UP THE PROBLEM. DO NOT SOLVE. What are the variables? 4 Premium Basketballs.net manufactures two kinds of basketballs - a leather model and a synthetic rubber model. In the manufacturing process each leather model requires 3 hours of shaping and 5 hours of finishing, and each rubber model needs 2 hours of shaping and 3 hours of finishing. The company has five employees for shaping and three finishers, each of whom works at most 30 hours per week. Each leather model brings a profit of $40.00 and each rubber a profit of $20.00. Assuming that every basketball will be sold, how many of each should be made to maximize profit? SET UP THE PROBLEM. DO NOT SOLVE. What are the variables? 4
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Answer rating: 100% (QA)
The variables in this problem are Decision Variables L The number of leath... View the full answer
Related Book For
Quantitative Methods for Business
ISBN: 978-0840062345
12th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
Posted Date:
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