A Manager Must Decide on the Mix of Products to Produce

question 98

Essay

A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for molding, two minutes per unit for painting, and one minute for packing. Product B requires two minutes per unit for molding, four minutes for painting, and three minutes per unit for packing. There will be 600 minutes available for molding, 600 minutes for painting, and 420 minutes for packing. Both products have contributions of $1.50 per unit. Answer the following questions; base your work on the solution panel provided.
$$\begin{array} { | l | r | r | r | r | r | } \hline & \mathrm { A } & \mathrm { B } & & \text { RHS } & \text { Dual } \\\hline \text { Maximize } & 1.5 & 1.5 & & & \\\hline \text { Molding } & 3 & 2 . & \square & 600 & 0.375 \\\hline \text { Painting } & 2 & 4 &\square & 600 & 0.1875 \\\hline \text { Packing } & 1 . & 3 & \square& 420 & 0 . \\\hline \text { Solution --- } & 150 & 75 & & 337.5 & \\\hline\end{array}$$ a. What combination of A and B will maximize contribution?
b. What is the maximum possible contribution?
c. Are any resources not fully used up? Explain.

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Definitions:

Ceremonial Messages

Communications crafted for significant occasions or ceremonies, often formal and conveying specific sentiments related to the event.

Crisis Response

The strategies and actions taken by an organization to manage and mitigate the impact of an emergency situation.

Routine Treatment

Standard procedures or methods applied consistently in similar situations or conditions, often employed in medical, technical, or administrative contexts.

Business Communications

The process of sharing information between people within and outside an organization for commercial benefit.