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Kane Manufacturing Has a Division That Produces Two Models of Fireplace

question 65

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Kane Manufacturing has a division that produces two models of fireplace grates, model A and model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grade requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is Kane Manufacturing has a division that produces two models of fireplace grates, model A and model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grade requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is , and the profit for each model B grate is . If of cast iron and labor-hours are available for the production of fireplace grates of each model should the division produce to maximize kane's profit? what is the optimal profit? A) 108 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. B) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. C) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. D) 112 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. E) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $388. , and the profit for each model B grate is Kane Manufacturing has a division that produces two models of fireplace grates, model A and model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grade requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is , and the profit for each model B grate is . If of cast iron and labor-hours are available for the production of fireplace grates of each model should the division produce to maximize kane's profit? what is the optimal profit? A) 108 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. B) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. C) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. D) 112 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. E) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $388. . If Kane Manufacturing has a division that produces two models of fireplace grates, model A and model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grade requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is , and the profit for each model B grate is . If of cast iron and labor-hours are available for the production of fireplace grates of each model should the division produce to maximize kane's profit? what is the optimal profit? A) 108 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. B) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. C) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. D) 112 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. E) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $388. of cast iron and Kane Manufacturing has a division that produces two models of fireplace grates, model A and model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grade requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is , and the profit for each model B grate is . If of cast iron and labor-hours are available for the production of fireplace grates of each model should the division produce to maximize kane's profit? what is the optimal profit? A) 108 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. B) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. C) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $384. D) 112 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $392. E) 110 model A grates and 140 model B grates in each shift, the company will Realize an optimal profit of $388. labor-hours are available for the production of fireplace grates of each model should the division produce to maximize kane's profit? what is the optimal profit?

Definitions:

Marginal Productivity

The additional output produced as a result of employing one more unit of a factor of production.

Total Product

The total quantity of output produced by a firm with a given amount of inputs during a specific period.

Total Revenue

The total amount of money a company receives from selling its goods or services over a specific time period.

Total Cost

The complete cost of producing a specific quantity of output, including both fixed and variable costs.

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