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The Oregon Atlantic company produces two types of paper: newsprint and wrapping paper. Make 1 yard...

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Basic Math

The Oregon Atlantic company produces two types of paper:newsprint and wrapping paper. Make 1 yard of newspaper
It takes 5 minutes to produce one yard of newspaper; and 8 minutesto make one yard of wrapping paper. The company has 4,800 hours ofoperation per week. Newspapers cost $ 0.20 per yard and wrappingpaper yields $ 0.25 per yard. Demand per week is 500 yards fornewspaper and 400 yards for wrapping paper. sales price need labourhour is 1 hour.The company has established the following goals inorder of importance:

(1) Limit overtime to 480 hours or less.

(2) Create a profit of $ 300 per week.

(3) profit size.

(4) Do not make fun of production capacity.

a. Determining how many different types of paper should beproduced to satisfy various goals
Formulate it as a goal planning method model.

b. Use your computer to solve the problem.

Answer & Explanation Solved by verified expert
3.9 Ratings (404 Votes)
Let x yards of newspaper and y yards of wrapping paper should beproduced by the companyGiven it takes 5 minutes to produce one yard of    See Answer
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