Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. advance math
  3. boise lumber has decided to enter the lucrative pr

Boise Lumber has decided to enter the lucrative prefabricated housing business. Initially, it plans to offer...

60.1K

Verified Solution

Question

Advance Math

Boise Lumber has decided to enter the lucrative prefabricatedhousing business. Initially, it plans to offer three models:standard, deluxe, and luxury. Each house is prefabricated andpartially assembled in the factory, and the final assembly iscompleted on site. The dollar amount of building material required,the amount of labor required in the factory for prefabrication andpartial assembly, the amount of on-site labor required, and theprofit per unit are as follows.

Standard ModelDeluxe ModelLuxury Model
Material$6,000$8,000$10,000
Factory Labor (hr)240220200
On-Site Labor (hr)180210300
Profit$3,400$4,000$5,000

For the first year's production, a sum of $8,200,000 is budgetedfor the building material; the number of labor-hours available forwork in the factory is not to exceed 215,000 hr; and the amount oflabor for on-site work is to be less than or equal to 234,000labor-hours. Determine how many houses of each type Boise shouldproduce to maximize its profit from this new venture.

standard model    houses
deluxe model    houses
luxury model    houses

Answer & Explanation Solved by verified expert
3.8 Ratings (480 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Operations Management
1.2K views

Three fertilizers factories X, Y and Z located at different places of the country produce 6,4...

Medical Sciences
1.2K views

Name the three different aspects of body fluids that affect animal function and are therefore typically...

Psychology
1.2K views

What are some situations in which you could be mislead by considering only an indicator of...

Advance Math
1.2K views

A Professor decides to hide their hoard money, 100 identical gold coins, in 20 unique locations...

Biology
1.2K views

Flexibzumab is a monoclonal antibody made in the following fashionA 100% mouse mAb (o)A 100%...

Physics
1.2K views

Length of a string of density p and Young s modulus Y under tension is...

Geometry
1.2K views

7 8 in 8 Find w and x 13 m 48 W 6 m

Basic Math
1.2K views

Rearrange to isolate variable y in the following equation and choose the correct answer 6...

Basic Math
1.2K views

Theoharis argues that narrowing the goal of civil rights activists to a seat diminishes the...

Basic Math
1.2K views

y 2 June 2023 0 0 Maximize subject to 16 04 0 p 2x y...

Calculus
1.2K views

At 2:00 p.m. a car's speedometer reads 30 mi/h. At 2:10 p.m. it reads 50...

Accounting
1.2K views

Program income may be generated by the following sources ( true or false ) ...