Question:
A company produces two products, A and B. The sales volume
Last updated: 7/16/2022
A company produces two products, A and B. The sales volume for A is at least 80% of the total sales of both A and B. However, the company cannot sell more than 110 units of A per day. Both products use one raw material, of which the maximum daily availability is 300 lb. The usage rates of the raw material are 2 lb per unit of A, and 4 lb per unit of B. The profit units for A and B are $40 and $90, respectively. Determine the optimal product mix for the company.