What are the optimal solution values of x and y

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Reference no: EM13233880

Suppose the firm in this example considers a second product that has a unit profit of $5 and requires 2 hours for each unit produced. Assume total production capacity remains 40. Use y as the number of product 2 produced.

a.) Show the mathematical model when both products are considered simultaneously.

b.) Identify the controllable and uncontrollable inputs for this model.

c.) Draw the flowchart of the input-output process for this model

d.) What are the optimal solution values of x and y?

e.) Is the model developed a deterministic or a stochastic model? Explain.

Reference no: EM13233880

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