Question: Problem 2: RAK Pottery Company is a small craft operation run by two RAK Women's College graduates. The company employs artisans to produce clay bowls

Problem 2: RAK Pottery Company is a small craft

Problem 2: RAK Pottery Company is a small craft operation run by two RAK Women's College graduates. The company employs artisans to produce clay bowls and mugs with authentic local designs and colors. The two primary resources used by the company are special pottery clay and skilled labor. Given these limited resources, the company wants to know how many bowls and mugs to produce each day to maximize profit. The two products have the following resource requirements for production and selling price per item produced: Labor (hrs/unit) Resource Requirements Clay (lbs/unit) Revenue per unit 4 40 50 1 Bowl Mug 2 In addition, because of prior commitments with a local shop the company must produce at least 10 bowls every day. There are 40 hours of labor and 120 pounds of clay available each day. Formulate the LP problem. . Determine the optimum solution

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