Smith Products Ltd.produces two products. The manufacture of these products is partially automated. Total available labour hours are 400, and the total available machine hours are 600. Time requirements and contribution margins per unit for each product are as follows: $\begin{array}{lrr}&\text { Product X } & \text { Product Y } \
\text { Labour hours } & 2 & 3 \
\text { Machine hours } & 4 & 2 \
\text { Contribution margin per unit } & E 5 & £ 4
\end{array}$
a.What is the equation to be maximized?
b.What are the equations that express the constraints?
c.What is the greatest number of units of A that can be produced given the constraints?
d.What is the optimal solution?

Question

Smith Products Ltd.produces two products. The manufacture of these products is partially automated. Total available labour hours are 400, and the total available machine hours are 600. Time requirements and contribution margins per unit for each product are as follows: $\begin{array}{lrr}&\text { Product X } & \text { Product Y } \
\text { Labour hours } & 2 & 3 \
\text { Machine hours } & 4 & 2 \
\text { Contribution margin per unit } & E 5 & £ 4
\end{array}$ 
a.What is the equation to be maximized?
b.What are the equations that express the constraints?
c.What is the greatest number of units of A that can be produced given the constraints?
d.What is the optimal solution?

Quizplus · Accepted Answer

The Answer of Smith Products Ltd.produces two products. The manufacture of these products is partially automated. Total available labour hours are 400, and the total available machine hours are 600. Time requirements and contribution margins per unit for each product are as follows: $\begin{array}{lrr}&\text { Product X } & \text { Product Y } \
\text { Labour hours } & 2 & 3 \
\text { Machine hours } & 4 & 2 \
\text { Contribution margin per unit } & E 5 & £ 4
\end{array}$ 
a.What is the equation to be maximized?
b.What are the equations that express the constraints?
c.What is the greatest number of units of A that can be produced given the constraints?
d.What is the optimal solution?

Smith Products Ltd AWhat Is the Equation to Be Maximized? B

Smith Products Ltd AWhat Is the Equation to Be Maximized?
B