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An electronics firm produces two models of pocket calculators: the A-100 (A) ,which is an inexpensive four-function calculator,and the B-200 (B) ,which also features square root and percent functions.Each model uses one (the same) circuit board,of which there are only 2,500 available for this week's production.Also,the company has allocated a maximum of 800 hours of assembly time this week for producing these calculators,of which the A-100 requires 15 minutes (.25 hours) each,and the B-200 requires 30 minutes (.5 hours) each to produce.The firm forecasts that it could sell a maximum of 4,000 A-100's this week and a maximum of 1,000 B-200's.Profits for the A-100 are $1.00 each,and profits for the B-200 are $4.00 each.What is the objective function?
Postage
The cost associated with sending letters and parcels through the postal system, typically paid by purchasing stamps or printed labels.
Entertainment
Activities or performances designed for the enjoyment, amusement, or relaxation of an audience, such as movies, music, or sports.
Petty Cash Fund
A small pool of funds held for the purpose of settling small, miscellaneous bills immediately.
Miscellaneous Expense
Minor and irregular costs that do not naturally fit into other designated categories of expenses in financial accounting.
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