just2cusmile
New Member
- Joined
- Dec 9, 2005
- Messages
- 4
Your company makes three products: x, y, and z that sell for $105, $132, and $123 respectively. Producing a unit of product x requires 1.2 hours of casting, 1.7 hours of machining, and 0.3 hours of assembly. Producing a unit of product y requires 3.2 hours of casting, 1.5 hours of machining, and 0.3 hours of assembly. Producing a unit of product z requires 3.0 hours of casting, 1.2 hours of machining, and 0.3 hours of assembly. Product x costs $35 per unit. Product y costs $44 per unit. Product z costs $41 per unit. Your share holders insist that no one product should make up over half of the total production and that each product must make up at least ten percent of the production. You are given a total casting budget of 700 hours, a total machining budget of 500 hours, and a total assembly budget of 100 hours. How many units of each product should you produce in order to gain the most profit?
How do I set this up in excel?
How do I set this up in excel?