Question: The profit function for two products is Profit = 4 x 1 2 + 42 x 1 4 x 2 2 + 48 x 2
The profit function for two products is
Profit = 4x12 + 42x1 4x22 + 48x2 + 600
where x1 represents units of production of product 1 and x2 represents units of production of product 2. Producing one unit of product 1 requires 4 labor-hours and producing one unit of product 2 requires 6 labor-hours. Currently, 24 labor-hours are available. The cost of labor-hours is already factored into the profit function. However, it is possible to schedule overtime at a premium of $5 per hour. How much should be produced and how many overtime hours should be scheduled? Round your answers to three decimal places. OT= X1= X2= Profit=
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