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Products 1 and 2 are produced by use of three machines: A, B, and C.
Each unit of product 1 requires 1 hour on machine A and 2 hours on machine B.
Each unit of product 2 requires 1 hour of time on each machine.
The time available on these machines is limited to 400 hours per month on machine A, 600 hours per month on machine B, and 300 hours per month on machine C.
Each unit of product 1 can be sold to yield a profit of 50 cents and each unit of product B can be sold to yield a profit of 80 cents.
Derive a calculation that can be used to help determine how many of each should be produced each month to maximize profit.
Products 1 and 2 are produced by use of three machines: A, B, and C.
Each unit of product 1 requires 1 hour on machine A and 2 hours on machine B.
Each unit of product 2 requires 1 hour of time on each machine.
The time available on these machines is limited to 400 hours per month on machine A, 600 hours per month on machine B, and 300 hours per month on machine C.
Each unit of product 1 can be sold to yield a profit of 50 cents and each unit of product B can be sold to yield a profit of 80 cents.
Derive a calculation that can be used to help determine how many of each should be produced each month to maximize profit.