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Stoneware Pottery Company wants to determine how many bowls and mugs should be produced per day in order to maximize profit given the labor and...
Stoneware Pottery Company wants to determine how many bowls and mugs
should be produced per day in order to maximize profit given the labor and
material constraints. The unit profit value for Bowls is $40 per unit, for mugs
the unit profit value is $50 per unit. There are 40 hours of labor and 120
pounds of clay available per day. Each bowl requires 1 hour of labor and 4
pounds of clay to produce, each mug requires 2 hours of labor and 3 pounds
of clay to produce.
a) Formulate a linear programming model for this problem to determine how
many bowls and how many mugs should be produced in order to maximize
the total profit.
b) Solve this problem by using the graphing method
OR
by using Excel
Solver.
c) What is the optimal solution?
d) Which constraints are binding?
STONEWARE POTTERY COMPANY PRODUCT MIXCOURSE HERO TUTORING PLATFORMQuestion:Stoneware Pottery Company wants to determine how many bowls and mugs shouldbe produced per day in order to maximize...