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Mathematics, 21.12.2019 06:31 ablikids3

The best company produces two commercial products : blenders and mixers. both products require a two step production process involving delivery of parts (jit process) and assembly. it takes 1 hour to deliver parts for each blender and 2 hours for each mixer. final assembly of mixers and blenders require 3 and 2 hours, respectively. the production capability is such that only 24 hours of delivery time and 30 hours of assembly time are available. each blender produced nets the firm $7 and each mixer $6.

a) how many of each should be produced to maximize profit? partial production of each product is allowed.
b) what is the $ amount of this profit?

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