ABC,Inc,Is a Small Clothing Manufacturer That Produces Shirts and Pants

question 67

Multiple Choice

ABC,Inc.,is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours.The production manager can schedule up to 240 hours of sewing machine time and up to 150 hour cutting machine time.Production of one shirt requires 3 hours of sewing time and 1 hour of cutting time.Each pair of pants requires 2 hours of sewing time and 1.5 hours of cutting time.Each shirt yields a profit of $5,and each pair of pants generates a $6 profit.The objective is to maximize profits.Determine cutting time constraint for the LP formulation.Let X₁ = Number of shirts to be produced,X₂ = Number of pairs of pants to be produced.Which one of the following is NOT one of the corner points (x1,x2) in this LP formulation?

• A)(24,84)
• B)(80,100)
• C)(0,100)
• D)(80,0)

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Definitions:

Assets

Resources owned by a person or company that have economic value or can provide future benefits, such as cash, property, or investments.

Equipment

Tools, machinery, or other necessary items for a particular purpose or activity.

Stockholders' Equity

The ownership interest of shareholders in a corporation, represented by the company's assets minus its liabilities.

Ownership Claim

A declaration or assertion of legal rights to possess and use property.