Solved

Prudence Corporation Manufactures Two Products: X and Y Which of the Following Is Prudence's Objective Function?
A) Maximize

Question 66

Multiple Choice

Prudence Corporation manufactures two products: X and Y. The company has 4,000 hours of machine time available and can sell no more than 800 units of product X. Other pertinent data follow.  Product X  Product Y  Selling price $8.00$19.00 Variable cost 3.005.00 Fixed cost 3.506.25 Machine time per unit 2 hours 3 hours \begin{array}{lrr}&\text { Product X }&\text { Product Y }\\\text { Selling price } & \$ 8.00 & \$ 19.00 \\\text { Variable cost } & 3.00 & 5.00 \\\text { Fixed cost } & 3.50 & 6.25 \\\text { Machine time per unit } & 2 \text { hours } & 3 \text { hours }\end{array} Which of the following is Prudence's objective function?


A) Maximize Z = 2X + 3Y.
B) Maximize Z = 8X + 19Y.
C) Maximize Z = 5X + 14Y.
D) Maximize Z = 1.50X + 7.75Y.
E) Minimize Z = 6.50X + 11.25Y.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents