Liva's Lumber, Inc., manufactures three types of plywood. The following table summarizes the production hours per unit in each of three production operations and other data for the problem. Plywood Grade A Grade B Grade X Maximum time available Operations (hours) I II 2 2 5 10 900 5 3 400 III Profit/Unit 4 $40 2 $30 $20 2 600 How many units of each grade of lumber should be produced?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
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Liva's Lumber, Inc., manufactures three types of plywood. The following table summarizes the
production hours per unit in each of three production operations and other data for the problem.
Plywood
Grade A
Grade B
Grade X
Maximum time
available
Operations (hours)
I
II
2
5
3
2
5
10
900
400
III Profit/Unit
4
$40
2
$30
$20
2
600
How many units of each grade of lumber should be produced?
Transcribed Image Text:Liva's Lumber, Inc., manufactures three types of plywood. The following table summarizes the production hours per unit in each of three production operations and other data for the problem. Plywood Grade A Grade B Grade X Maximum time available Operations (hours) I II 2 5 3 2 5 10 900 400 III Profit/Unit 4 $40 2 $30 $20 2 600 How many units of each grade of lumber should be produced?
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