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Kane Manufacturing has a division that produces two models of fireplace grates, x units of model A and y units of model B. To produce each model A requires 2 lb of cast iron and 6 min of labor. To produce each model B grate requires 4 lb of cast iron and 4 min of labor. The profit for each model A grate is $1.50, and the profit for each model B grate is $1.00. 1400 lb of cast iron and 900 min of labor are available for the production of grates per day. Because of a backlog of orders on model A grates, the manager of Kane Manufacturing has decided to produce at least 150 of these grates a day. Operating under this additional constraint, how many grates of each model should Kane produce to maximize profit P in dollars? Maximize P= Cast Iron= Labor= Model A=
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Answers the following questiosn be sure to provide thought and the reasoning behind your answers. You must demonstrate an understanding of the material. Simply stating each answer will not get full credit.
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A manufacturer and an internationally based mass merchandiser
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