Determine the production quantity of each product

Assignment Help Business Law and Ethics

Reference no: EM133282867

A company makes two products (say, P and Q) using two machines (say, A and B). Each unit of P that is produced requires 50 minutes processing time on machine A and 30 minutes processing time on machine B. Each unit of Q that is produced requires 24 minutes processing time on machine A and 33 minutes processing time on machine B.

Machine A is going to be available for 40 hours and machine B is available for 35 hours. The profit per unit of P is $25 and the profit per unit of Q is $30. Company policy is to determine the production quantity of each product in such a way as to maximize the total profit given that the
available resources should not be exceeded.

Question: Form the LP equations.

Reference no: EM133282867

Questions Cloud

What the business can do to reduce its risk : What the business can do to reduce its risk. What the business should (and should not!) do to protect against lawsuits

Explain humans and non-humans should be treated similarly : If yes, explain whether humans and non-humans should be treated similarly or differently for the purposes of analysis.

Different methods of philosophy : How can we know the real truth using the different methods of philosophy (Phenomenology, Existentialism, and Post-modernism.)

Difference between analytic and synthetic judgments : When we make a judgment, what are the two ways in which the subject of the judgment (statement) related to the predicate of the judgment (statement)?

Determine the production quantity of each product : determine the production quantity of each product in such a way as to maximize the total profit given that the available resources should not be exceeded

Difference between the nature and nurture approaches : What are the differences and similarities between the "nature" and "nurture" approaches to gender differences and domination?

Explain the purpose of the study. : What evidence does the author provide that they are addressing a significant problem in the field? Explain the purpose of the study

Explain the meaning of a demotivator and outline : Explain the meaning of a demotivator and outline any four forms of demotivators that this real estate company should be aware of. Answers must be practical

Individualizing of responsibility for environmental change : Identify as being both important to American mainstream environmental movement and having theme of individualizing of responsibility for environmental change.

User Account

All Pages