A Small Firm Makes Three Products,which All Follow the Same

question 89

Essay

A small firm makes three products,which all follow the same three step process,which consists of milling,inspection,and drilling.Product A requires 6 minutes of milling,5 minutes of inspection,and 4 minutes of drilling; product B requires 2.5 minutes of milling,2 minutes of inspection,and 2 minutes of drilling; and product C requires 5 minutes of milling,4 minutes of inspection,and 8 minutes of drilling.The department has 20 hours available during the next period for milling,15 hours for inspection,and 24 hours for drilling.Product A contributes $6.00 per unit to profit,product B contributes $4.00 per unit,and product C contributes $10.00 per unit.Determine the optimum mix of products in terms of maximizing contributions to profits for the next period.

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Definitions:

-Osis

A suffix in medical terminology used to indicate a condition, disease, or increase.

Crin/o

A prefix related to secretion, used in medical terminology.

Acr/o

A prefix in medical terminology indicating extremities, peak, or topmost.

Posterior Lobe

The back part of an organ or gland, often referring specifically to the posterior lobe of the pituitary gland in the brain.