You are starting a business selling products A and B. The making of one product A...

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You are starting a business selling products A and B. The making of one product A requires 60 minutes of labor and its materials that cost P21. The making of one product B requires 35 minutes of labor and its materials that cost P16. You only intend to work no more than 40 hours every week. Your financial resources can only pay no more than P800 for materials each week. The profit of product A is P35, and product B is P25. How many of each product should be produced every week to maximize profit? What is the maximum profit? (15 points) 2. An entrepreneur hires 4 local craftsmen to create 3 types of hand-made products. The table below shows the weekly work hours of the craftsmen for a particular design. Craftsman A Craftsman B Craftsman C Craftsman D Design 1 3 1 2 -1 Design 2 3 1 5 2 Design 3 12 4 20 8 Within a week, Craftsman A, B, C, and D can complete 6, 2, 10, and 4 different designs, respectively. How many of each design must be produced weekly to maximize operation? (15 points) You are starting a business selling products A and B. The making of one product A requires 60 minutes of labor and its materials that cost P21. The making of one product B requires 35 minutes of labor and its materials that cost P16. You only intend to work no more than 40 hours every week. Your financial resources can only pay no more than P800 for materials each week. The profit of product A is P35, and product B is P25. How many of each product should be produced every week to maximize profit? What is the maximum profit? (15 points) 2. An entrepreneur hires 4 local craftsmen to create 3 types of hand-made products. The table below shows the weekly work hours of the craftsmen for a particular design. Craftsman A Craftsman B Craftsman C Craftsman D Design 1 3 1 2 -1 Design 2 3 1 5 2 Design 3 12 4 20 8 Within a week, Craftsman A, B, C, and D can complete 6, 2, 10, and 4 different designs, respectively. How many of each design must be produced weekly to maximize operation? (15 points)

Answer rating: 100% (QA)

Lets solve each problem step by step 1 Maximizing Profit for Products A and B Lets define x number of units of product A produced per week y number of units of product B produced per week We want to m... View the full answer