A manufacturer of skis produces two types: downhill and cross-country. Use the following table to determine how many of each kind of ski should be produced to achieve a maximum profit. What is the maximum profit? What would the maximum profit be if the maximum time available for manufacturing was increased to 135 hours? Manufacturing time per ski Finishing time per ski Profit per ski Downhill Cross-country Maximum Time Available 3 hours 2.5 hours 123 hours 1 hour £70 1.5 hours £70 57 hours

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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A manufacturer of skis produces two types: downhill and cross-country. Use the following table to
determine how many of each kind of ski should be produced to achieve a maximum profit. What
is the maximum profit? What would the maximum profit be if the maximum time available for
manufacturing was increased to 135 hours?
Downhill Cross-country Maximum Time Available
Manufacturing time per ski
Finishing time per ski
3 hours 2.5 hours
123 hours
Profit per ski
1 hour
£70
1.5 hours
£70
57 hours
How many of each kind of ski should be produced to achieve maximum profit?
The manufacturer should produce ☐ downhill skis and
(Type exact answers. Type integers or simplified fractions.)
cross-country skis.
Transcribed Image Text:A manufacturer of skis produces two types: downhill and cross-country. Use the following table to determine how many of each kind of ski should be produced to achieve a maximum profit. What is the maximum profit? What would the maximum profit be if the maximum time available for manufacturing was increased to 135 hours? Downhill Cross-country Maximum Time Available Manufacturing time per ski Finishing time per ski 3 hours 2.5 hours 123 hours Profit per ski 1 hour £70 1.5 hours £70 57 hours How many of each kind of ski should be produced to achieve maximum profit? The manufacturer should produce ☐ downhill skis and (Type exact answers. Type integers or simplified fractions.) cross-country skis.
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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing