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How many silk ties should be made

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An apparel manufacturer makes 4 types of neckties: all silk, all cotton, all polyester and a 50/50 cotton-polyester blend. The profit per tie, the quantity of fabric used to make each type of tie and the quantity of fabric available are presented in the table on the Problem 1 worksheet. The manufacturer will make at least 5,000 of each type of necktie.

Use SOLVER to answer the following questions.

  • How many silk ties should be made? (Round your answer to 2 decimal places)
  • How many cotton ties should be made? (Round your answer to 2 decimal places)
  • How many polyester ties should be made? (Round your answer to 2 decimal places)
  • How many 50/50 blend ties should be made? (Round your answer to 2 decimal places)
  • What is the value for the objective function (profit in s)? (Round your answer to 2 decimal places).

Reference no: EM133102482

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