Two models of a product - regular x and deluxe y

Statistics

Two models of a product - Regular (X) and Deluxe (Y) - are produced by a company. A linear programming model is used to determine the production schedule. The formulation is as follows:

Maximize profit = 50X + 60 Y

Subject to: 8X + 10Y ≤ 800 (labor hours)

X + Y ≥ 120 (total units demanded)

4X + 5Y ≤ 500 (raw materials)

all variables ≥ 0

How many units of the regular model would be produced based on this solution?

A. 0
B. 100
C. 50
D. 120
E. none of the above

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9406033

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