Par, Inc., produces a standard golf bag and a deluxe

Aug 18th, 2014
Anonymous
Category:
Art Design
Price: $5 USD

Question description

Par, Inc., produces a standard golf bag and a deluxe

golf bag on a weekly basis. Each golf bag requires time for cutting

and dyeing and time for sewing and finishing, as shown in the following

table:

HOURS REQUIRED PER BAG

PRODUCT CUTTING AND DYEING SEWING AND FINISHING

Standard bag 1/2 1

Deluxe bag 1 2/3

The profits per bag and weekly hours available for cutting and

dyeing and for sewing and finishing are as follows:

PRODUCT PROFIT PER UNIT ($)

Standard bag 10

Deluxe bag 8

ACTIVITY WEEKLY HOURS AVAILABLE

Cutting and dyeing 300

Sewing and finishing 360

Par, Inc., will sell whatever quantities it produces of these two

products.

a) Find the mix of standard and deluxe golf bags to produce per

week that maximizes weekly profit from these activities.

b) What is the value of the profit?


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