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nadezda [96]
3 years ago
11

The B & W Leather Company wants to add handmade belts and wallets to its product line. Each belt nets the company $18 in pro

fit, and each wallet nets $12. Both belts and wallets require cutting and sewing. Belts require 2 hours of cutting time and 6 hours of sewing time. Wallets require 3 hours of cutting time and 3 hours of sewing time. If the cutting machine is available 12 hours a week and the sewing machine is available 18 hours per week, what ratio of belts and wallets will produce the most profit within the constraints?
Mathematics
1 answer:
Andru [333]3 years ago
8 0

Answer:

1.50 Belts must not be produced.

3.00 Wallets should be produced.

Step-by-step explanation:

To solve this linear programming problem, we can use Solver in Excel, as shown in the attached file.

Two decision variables are created: Belts and Wallets.

There are two restrictions regarding the cutting and sewing required for each type of Product.

The optimal solution is:

The maximum optimal profit is $63.00

1.50 Belts must not be produced.

3.00 Wallets should be produced.

Download xls
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xls </span>
9012544976482ad5f24526028ba4bc64.jpg
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Tim Hortons is hiring and offers $200 every week plus $5 per hour. McDonalds offers $300 every week plus $2 per hour. State the
Ray Of Light [21]

Answer:

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Step-by-step explanation:

There are several ways we could do this.  We could say we want to have Tim Hortons be the better employer on the first week, or after so many weeks by adjusting the hours.  I am going to assume we are saying we want it to be a better employer on the first week, so the profit will be the amount made every week plus the money made per hour times the number of hours.

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So the conditions where Tim Horton pays more isif you work more than 33.333 hours per week.  This will make them pay more every single week.  

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