Assuming that each workstation has a capacity of 340 hours and the manufacturer wishes to maximize profit, how many units of each product should they produce? Quantity of Product A = Quantity of Product B = | Quantity of Product C = Quantity of Product D = units units units units

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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A business manufactures four products (A, B, C, D), each requiring time at four different workstations (Saw, Sander, Drill
Press, Assembly). Information on each of the products, including selling price per unit, demand per month, and the
amount of time (hours) required on each workstation to produce one unit of product is provided below.
Product ProductB ProductC ProductD
175
Selling Price $ 125 $ 135 $ 150 $
Demand
100
100
200
100
Workstation time required (hours) per unit of production
Workstation
ProductB
ProductC
0.75
0.5
0.5
0.5
0.75
1
0.25
1.25
Saw
Sander
Drill Press
Assembly
Product
0.25
0.5
0
0.25
ProductD
1
0.5
0.5
0.5
Assuming that each workstation has a capacity of 340 hours and the manufacturer wishes to maximize profit, how many
units of each product should they produce?
Quantity of Product A =
Quantity of Product B =
Quantity of Product C =
Quantity of Product D =
units
units
units
units
Transcribed Image Text:A business manufactures four products (A, B, C, D), each requiring time at four different workstations (Saw, Sander, Drill Press, Assembly). Information on each of the products, including selling price per unit, demand per month, and the amount of time (hours) required on each workstation to produce one unit of product is provided below. Product ProductB ProductC ProductD 175 Selling Price $ 125 $ 135 $ 150 $ Demand 100 100 200 100 Workstation time required (hours) per unit of production Workstation ProductB ProductC 0.75 0.5 0.5 0.5 0.75 1 0.25 1.25 Saw Sander Drill Press Assembly Product 0.25 0.5 0 0.25 ProductD 1 0.5 0.5 0.5 Assuming that each workstation has a capacity of 340 hours and the manufacturer wishes to maximize profit, how many units of each product should they produce? Quantity of Product A = Quantity of Product B = Quantity of Product C = Quantity of Product D = units units units units
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