Question: Solve using SIMPLEX METHOD. Kyle manufactures and sells two models of lipstick, Matte and Glossy. To manufacture each, the manual work involved in creating the
Solve using SIMPLEX METHOD.
Kyle manufactures and sells two models of lipstick, Matte and Glossy. To manufacture each, the manual work involved in creating the matte lipstick is 15 minutes and for creating the Glossy, 20 minutes. The mechanical (machine) work involved for matte is 15 minutes and for glossy, 8 minutes. The manual work available per month is 80 hours and the machine is limited to only 60 hours per month. Knowing that the profit per unit is $15 and $20 for matte and glossy lipsticks respectively, determine the quantities of each lipstick that should be manufactured to obtain the maximum profit?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
