A company makes two products, NEW and OLD. They use two machines, A and B to make these two products. Each unit of NEW requires 42 minutes of processing time on machine A and 29 minutes of processing time on machine B. Each unit of OLD requires 34 minuets of processing time on machine A and 35 minutes of processing time on machine B. Machine A is available 35 hours per week and machine B is available for 34 hours per week. The CM for a unit of NEW is 21 and the contribution margin (CM) per unit of OLD is 32 To have the most CM, how much of each product should be made per week given the constraints.
Hi. Let x is old product And Y is new... View the full answer