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The Pacific Computer Company makes two models of notebook personal computers: Model 410 with CD-ROM drive, and Model 540 with DVD drive.Profits on each model are $100 and $150, respectively.Weekly manufacturing data (in minutes) are given below:
Manufacturing time available in department A for the coming week is 300 minutes, and for department B it is 420 minutes.Total time available during the week to assemble the fabricated units is 1600 minutes.
a.What is the objective function if the company wants to maximize profits?
b.What is the constraint corresponding to Department A assuming X1 corresponds to Model 410?
c.What is the optimum solution point for this problem?
d.What is the maximum possible total profit?
Stockholder Model
A theory of corporate governance focusing on the interests and rights of shareholders as the primary concern of the company.
Social Responsibility
The obligation of individuals, organizations, and businesses to act for the benefit of society at large, beyond their own interests or profits.
Management's Responsibility
The obligations and duties of managers to make decisions, guide teams, and ensure the successful operation and strategic direction of the organization.
Stakeholder View
An approach that considers the interests and concerns of everyone who has a stake in a business or project.
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