A corporation plans on produce a maximum of 11 units products. They have three types of product: A, B, and C. Each unit of Product A requires $4.125 million and 30 employees to build. Each unit of Product B requires $8.25 million and 15 employees to build. Each unit of Product C requires $12.375 million and 45 employees to build. The corporation can dedicate up to $82.5 million and 300 employees to production. On the average, Product A nets $1.2 million annually, Product B nets $2 million annually, and Product C nets $2.6 million annually. How many of each should they produce to maximize revenue?
A corporation plans on produce a maximum of 11 units products. They have three types of product: A, B, and C. Each unit of Product A requires $4.125 million and 30 employees to build. Each unit of Product B requires $8.25 million and 15 employees to build. Each unit of Product C requires $12.375 million and 45 employees to build. The corporation can dedicate up to $82.5 million and 300 employees to production. On the average, Product A nets $1.2 million annually, Product B nets $2 million annually, and Product C nets $2.6 million annually. How many of each should they produce to maximize revenue?
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 4PB: Banyan Industries has two divisions, a tax rate of 30%, and a minimum rate of return of 20%....
Question
A corporation plans on produce a maximum of 11 units products. They have three types of product: A, B, and C. Each unit of Product A requires $4.125 million and 30 employees to build. Each unit of Product B requires $8.25 million and 15 employees to build. Each unit of Product C requires $12.375 million and 45 employees to build. The corporation can dedicate up to $82.5 million and 300 employees to production.
On the average, Product A nets $1.2 million annually, Product B nets $2 million annually, and Product C nets $2.6 million annually. How many of each should they produce to maximize revenue?
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