Business, 02.11.2020 17:00 nyiamcbride5630

Better Products, Inc., manufactures three products on two machines. In a typical week, 40 hours are available on each machine. The profit contribution and production time in hours per unit are as follows: Category Product 1 Product 2 Product 3 Profit/unit $39 $51 $18 Machine 1 time/unit 0.5 1.5 1 Machine 2 time/unit 1 2.5 1 Two operators are required for machine 1; thus, 2 hours of labor must be scheduled for each hour of machine 1 time. Only one operator is required for machine 2. A maximum of 90 labor-hours is available for assignment to the machines during the coming week. Other production requirements are that product 1 cannot account for more than 50% of the units produced and that product 3 must account for at least 10% of the units produced. How many units of each product should be produced to maximize the total profit contribution

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Better Products, Inc., manufactures three products on two machines. In a typical week, 40 hours are...