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Assignment:
A manufacturer produces three models of bicycles. The time (in hours) required for assembling, painting, and packaging each model is as follows.
Model A Model B Model C
Assembling 2 2.5 3
Painting 1.5 2 1
Packaging 1 0.75 1.25
The total time available for assembling, painting, and packaging is 4006 hours, 2495 hours and 1500 hours, respectively.
The profit per unit for each model is $45 (Model A), $50 (Model B), and $55 (Model C).
How many of each type should be produced to obtain a maximum profit?
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