Capsule Drugs manufactures two drugs: 1 and 2. The drugs are produced by blending two chemicals: 1 and 2. By weight, drug 1 must contain at least 65% chemical 1, and drug 2 must contain at least 55%...


Capsule Drugs manufactures two drugs: 1 and 2. The drugs are produced by blending two chemicals: 1 and 2. By weight, drug 1 must contain at least 65% chemical 1, and drug 2 must contain at least 55% chemical 1. Drug 1 sells for $6 per ounce, and drug 2 sells for $4 per ounce. Chemicals 1 and 2 can be produced by one of two production processes. Running process 1 for an hour requires 7 ounces of raw material and 2 hours skilled labor, and it yields 3 ounces of each chemical. Running process 2 for an hour requires 5 ounces of raw material and 3 hours of skilled labor, and it yields 3 ounces of chemical 1 and 1 ounce of chemical 2. A total of 120 hours of skilled labor and 100 ounces of raw material are available. Determine how to maximize Capsule’s sales revenues.



May 22, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here