The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring and 2
Man-hours to make one SST ring. How many of each type of ring should be made daily to maximize the
Company's profit, if the profit on a VIP ring is $40 and on an SST ring is $35?
A) 18 VIP and 6 SST
B) 20 VIP and 0 SST
C) 0 VIP and 24 SST
D) 12 VIP and 12 SST

Question

Quizplus · Accepted Answer

To maximize profit, the company should balance the production of both types of rings considering the constraints of labor hours and production capacity. By solving the linear programming problem or using graphical method, it's found that producing 12 VIP rings (36 man-hours) and 12 SST rings (24 man-hours) utilizes the full capacity of 60 man-hours and does not exceed the maximum production limit of 24 rings per day, while also maximizing profit given the profit margins of both ring types.

The Acme Class Ring Company Designs and Sells Two Types