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three finishers, each of whom works at most 30 hours per week. Each leather model. brings a profit of $40.00 and each rubber a profit of $20.00. Assuming that every basketball will be sold, how many of each should be made to maximize profit? SET UP THE PROBLEM, DO NOT SOLVE.

three finishers, each of whom works at most 30 hours per week. Each leather model. brings a profit of $40.00 and each rubber a profit of $20.00. Assuming that every basketball will be sold, how many of each should be made to maximize profit? SET UP THE PROBLEM, DO NOT SOLVE.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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x= Number of leather basketballs made. y= Number of rubber basketballs made. P = Total profit. Ox- Number of employees who specialize in shaping leather basketballs. y= Number of employees who specialize in shaping rubber basketballs. P = Total profit.
Transcribed Image Text:x= Number of leather basketballs made. y= Number of rubber basketballs made. P = Total profit. Ox- Number of employees who specialize in shaping leather basketballs. y= Number of employees who specialize in shaping rubber basketballs. P = Total profit.
Question 10 PremiumBasketballs.net manufactures two kinds of basketballs a leather model and a synthetic rubber model. In the manufacturing process each leather model requires 3 hours of shaping and 5 hours of finishing, and each rubber model needs 2 hours of shaping and 3 hours of finishing. The company has five employees for shaping and three finishers, each of whom works at most 30 hours per week. Each leather model brings a profit of $40.00 and each rubber a profit of $20.00. Assuming that every basketball will be sold, how many of each should be made to maximize profit? SET UP THE PROBLEM. DO NOT SOLVE. What are the variables ? Ox= Number of employees who specialize in finishing leather basketballs. y= Number of employees who specialize in finishing rubber basketballs. P = Total profit. None of the listed options. Ox= Number of hours of shaping for leather basketballs. X= y= Number of hours of finishing for rubber basketballs. P = Total profit. Ox= Number of leather basketballs made.
Transcribed Image Text:Question 10 PremiumBasketballs.net manufactures two kinds of basketballs a leather model and a synthetic rubber model. In the manufacturing process each leather model requires 3 hours of shaping and 5 hours of finishing, and each rubber model needs 2 hours of shaping and 3 hours of finishing. The company has five employees for shaping and three finishers, each of whom works at most 30 hours per week. Each leather model brings a profit of $40.00 and each rubber a profit of $20.00. Assuming that every basketball will be sold, how many of each should be made to maximize profit? SET UP THE PROBLEM. DO NOT SOLVE. What are the variables ? Ox= Number of employees who specialize in finishing leather basketballs. y= Number of employees who specialize in finishing rubber basketballs. P = Total profit. None of the listed options. Ox= Number of hours of shaping for leather basketballs. X= y= Number of hours of finishing for rubber basketballs. P = Total profit. Ox= Number of leather basketballs made.
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