A company makes products A and B from 2 resources,labor and material.The company wants to determine the selling price which will maximize profits.A unit of A costs 30 to make and demand is estimated to be 50 ? 0.09 * Price of A.A unit of B costs 20 to make and demand is estimated to be 30 ? 0.14 * Price of B.The utilization of labor and materials and the available quantity of resources is shown in the table.A reasonable price for the products is between 90 and 140.
Let X1 = demand for As and X2 = demand for Bs.Let P1 = price for As and P2 = price for Bs.
The NLP for the problem is:
What values should go in cells B3:E18 of the spreadsheet for this problem?
Correct Answer:
Verified
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