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A company sells two products with information as follows: The products are machine made. Four units of product A can be made with one machine hour and two units of product B can be made with one machine hour. The company has a maximum of 3000 machine hours available per month. The company can sell up to 18,000 units of product A per month, and up to 3000 units of product B for the month. What is the optimum product mix to maximize the company's operating income?
Creativity
The ability to produce original and valuable ideas or solutions to problems through imaginative thinking.
Law Of Exchange
A principle in economics and social science stating that parties engage in transactions when they perceive the benefits will outweigh the costs.
Obligation
Refers to a duty or commitment that an individual feels bound to perform, often driven by moral or legal reasons.
Scientific Thinking
The application of scientific method and reasoning, including observation, hypothesis formation, experimentation, and conclusion to solve problems.
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