Maurice Tutor

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Category > Economics Posted 13 May 2018 My Price 3.00

COM1 and COM2


An electronics firm decides to launch two new models of computer, COM1 and COM2. The cost of producing each machine of type COM1 is $1200 and the cost for COM2 is $1600. The firm recognizes that it is a risky venture and decides to limit the total weekly production costs to $40 000. Also, due to a shortage of skilled labour, the total number of computers that the firm can produce in a week is at most 30. The profit made on each machine is $600 for COM1 and $700 for COM2. How should the firm arrange production to maximize profit?

 

 

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Maurice Tutor
(5)
Status NEW Posted 13 May 2018 01:05 PM My Price 3.00

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