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Billy's Blues sells 3 types of T-shirts: Astro, Bling, and Curious. Manufacturing Astros requires 2 minutes of machine time and 20 minutes of labor, and costs $10. Brand Bling requires 2.5 minutes of machine time and 30 minutes of labor, and costs $14 to produce. Brand Curious requires 3 minutes of machine time and 45 minutes of labor, and costs $18 to produce. There are 300 machining hours available per week, 3750 labor hours, and he has a budget of $3000. Brand Astro sells for $15, Brand Bling for $18, and Brand Curious for $25.
The LP formulation that maximizes week profit shown below.
MAX 15A +18B + 25 C
s.t.
2A + 2.5B + 3C ? 300
20A + 30B + 45C ? 3750
10A + 14B + 18C ? 3000
The solution from QM for Windows is show below.
-If Billy could acquire more of any resource, which would it be?
Cognitive Functions
Mental processes that include thinking, perceiving, remembering, reasoning, and problem-solving.
Working Memory
In many models of memory, a cognitively complex form of short-term memory; it involves active mental processes that control retrieval of information from long-term memory and interpret that information appropriately for a given task.
Dissociative Amnesia
A psychological condition characterized by memory loss that is too extensive to be explained by ordinary forgetfulness, often related to trauma or stress.
Psychological Scientists
Professionals who study the mind and behavior through research and experimentation.
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