Stoneware pottery company wants to determine how many bowls, Ask an Expert

Economics

Stoneware pottery company wants to determine how many bowls and mug should be produced per day in orde to maximize pofit given the labo rand material constraints. The unit profit value for bowls is $40 per unit, for mugs the unit profit value is $50 per unit. here 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. I need to us excel solver but I am doing something wrong it wont work.

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Business Economics, Economics

Category:- Business Economics
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