Hasselblad Company Manufactures Two Different Products, X and Y What Is the Objective Function for Maximizing Profits?
A)Minimize $5X

question 87

Multiple Choice

Hasselblad Company manufactures two different products, X and Y. The company has 100 pounds of materials and 300 direct labor hours available for production. The time requirements and contribution margins per unit are as follows: $\begin{array}{lcc}&\text { Froduct } \mathrm{X}& \text { Product } Y\\\text { Contribution margin per unit } & \$ 5 & \$ 6 \\\text { Materials per unit (lbs.) } & 2 & 3 \\\text { Direct labor hours per unit } & 5 & 3\end{array}$ What is the objective function for maximizing profits?

• A)Minimize $5X + $6Y
• B)Maximize $2X + $3Y
• C)Maximize $5X + $6Y
• D)Maximize $5X + $3Y

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Definitions:

Acetic Acid

A sour-tasting, colorless liquid organic compound with the chemical formula CH3COOH, known as the main component of vinegar.

Ammonia

A compound of nitrogen and hydrogen (NH3), notable for its pungent smell and use as a nitrogen source in fertilizers.

3-Methylpentanoic Acid

An organic compound with the formula C6H12O2, known for its role in the flavoring of various foods and in perfumery.

Aqueous Extraction

A process of separating compounds based on their solubility in water, often used in the isolation and purification of substances from mixtures.