Use the Case Below to Answer the Following Question(s)

question 42

Multiple Choice

Use the case below to answer the following question(s) .
S&N Manufacturing makes four different steel sheets,A,B,C,and D,with different percentages of iron.Each sheet must flow through five departments,forming,rolling,sintering,painting,and quality check.The table below shows the relevant data.Production rates are shown in units/hour.(Sheet A uses imported steel and does not require rolling.) S&N wants to determine the number of steel sheets to produce in order to maximize monthly profit.
Let A,B,C,and D denote the number of units of model A,B,C,and D to be produced,respectively.
-Determine the optimal profit contribution of the C-type steel sheets.(Hint: Use Solver)

• A)$39,000
• B)$390,000
• C)$200,000
• D)$20,000

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Definitions:

Incomes

Earnings accrued, especially periodically, from labor or investment gains.

Freedom To Farm Act

A U.S. federal law enacted in 1996 aimed at allowing farmers greater management flexibility in what they plant and produce.

Agricultural Price Supports

Government interventions to stabilize or increase agricultural product prices through mechanisms such as subsidies or purchase commitments.

Acreage Allotments

A pre-1996 government program that limited the total number of acres to be used in producing (reduced amounts of) various food and fiber products and allocated these acres among individual farmers. These farmers had to limit their plantings to the allotted number of acres to obtain price supports for their crops.