Billy Penny Is Trying to Determine How Many Units of Two

question 82

Essay

Billy Penny is trying to determine how many units of two types of lawn mowers to produce each day.One of these is the Standard model,while the other is the Deluxe model.The profit per unit on the Standard model is $60,while the profit per unit on the Deluxe model is $40.The Standard model requires 20 minutes of assembly time,while the Deluxe model requires 35 minutes of assembly time.The Standard model requires 10 minutes of inspection time,while the Deluxe model requires 15 minutes of inspection time.The company must fill an order for 6 Deluxe models.There are 450 minutes of assembly time and 180 minutes of inspection time available each day.How many units of each product should be manufactured to maximize profits?

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Definitions:

Defaults

Situations where a party fails to fulfill their obligations as specified in a contract or agreement.

Construction Lien

A claim made against a property by a contractor or subcontractor who has not been paid for work performed or materials supplied.

Building Contract

A legally binding agreement between a property owner and a contractor for the construction or renovation of a building, detailing the work to be done, materials, costs, and timeframes.

Hold Back

The act of withholding part of a payment or benefit until certain conditions are met or to exert control or influence over a situation.