How many of each version should be produced each day

Reference no: EM131481824

Question: A firm sells two versions of a device for cutting and drilling. Version A is sold direct to the public in DIY stores, yielding a profit per unit of £50, and version B is sold to other firms for industrial use, yielding a per-unit profit of £20. Each day the firm is able to use 400 hours of labour, 750 kg of raw material and 240 metres of packaging material. These inputs are required to produce A and B in the following quantities: one version A device requires 20 hours of labour, 50 kg of raw material and 20 metres of packaging, whilst one of version B only requires 20hours of labour plus 30 kg of raw material. How many of each version should be produced each day in order to maximize profit?

Reference no: EM131481824

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