three products: chairs, big tables, and little tables. Each chair requires 2 hours in the assembly room and 4 hours in the painting center. Each big table requires 4 hours in assembly and 2 hours in painting. The corresponding values for little tables are 3 hours and 2 hours. The company has available 180 hours of assembly time and 200 hours of painting time. The contribution to profit is $8 for each chair, $10 for each big table, and $7 for each little table. There is a requirement that at least 50 tables (big and/or little) be produced or notables be produced. The objective is to maximize profit contribution.
three products: chairs, big tables, and little tables. Each chair requires 2 hours in the assembly room and 4 hours in the painting center. Each big table requires 4 hours in assembly and 2 hours in painting. The corresponding values for little tables are 3 hours and 2 hours. The company has available 180 hours of assembly time and 200 hours of painting time. The contribution to profit is $8 for each chair, $10 for each big table, and $7 for each little table. There is a requirement that at least 50 tables (big and/or little) be produced or notables be produced. The objective is to maximize profit contribution.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter20: Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints
Section: Chapter Questions
Problem 16E
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The Redfield Company manufactures three products: chairs, big tables, and little tables. Each chair requires 2 hours in the assembly room and 4 hours in the painting center. Each big table requires 4 hours in assembly and 2 hours in painting. The corresponding values for little tables are 3 hours and 2 hours. The company has available 180 hours of assembly time and 200 hours of painting time. The contribution to profit is $8 for each chair, $10 for each big table, and $7 for each little table. There is a requirement that at least 50 tables (big and/or little) be produced or notables be produced. The objective is to maximize profit contribution.
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