Diamond Plywood,Inc.,manufactures four types of plywood panels.Each product must go through the following operations: patching,grading,gluing,and baking.The time in hours required for each operation for each panel,the total capacity available for each these operations in a given month,as well as the minimum production requirements and the profit contributions per panel are given in the following table.Based on this information,at the optimal production point what is the profit from hardwood plywood panels?
A) $7,400.00
B) $1,800.00
C) $6,640.00
D) $7,950.00
Correct Answer:
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