Reference no: EM131557434

Question: MANUFACTURING-COLD FORMULA PRODUCTION Beyer Pharmaceutical produces three kinds of cold formulas: I, II, and III. It takes 2.5 hr to produce 1000 bottles of formula I, 3 hr to produce 1000 bottles of formula II, and 4 hr to produce 1000 bottles of formula III. The profits for each 1000 bottles of formula I, formula II, and formula III are $180, $200, and $300, respectively. Suppose, for a certain production run, there are enough ingredients on hand to make at most 9000 bottles of formula I, 12,000 bottles of formula II, and 6000 bottles of formula III. Furthermore, suppose the time for the production run is limited to a maximum of 70 hr. How many bottles of each formula should be produced in this production run so that the profit is maximized? What is the maximum profit realizable by the company? Are there any resources left over?