A company produces four products each of which must undergo assembly,inspection,and packaging.The information below summarizes the hours required for each operation by each product,the total hourly capacity for each operation,and the fixed cost incurred by each product if it is produced.
Each unit of product 1 sold will contribute $60 to profit,and each unit of products 2,3,and 4 contributes $65,$70,and $55,respectively.What is the optimal product mix?
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