Enrobe Textiles, Inc., is a small clothing manufacturer that produces men’s polo shirts and pants. The production manager, Zhang Wei, uses two primary resources: sewing machine hours and cutting machine hours. For next month’s production of shirts and pants, Mr. Wei can schedule up to 300 hours of sewing machine time and up to 240 hours of cutting machine time. Production of each polo shirt requires 3.0 hours of sewing time and 1.0 hour of cutting time. Each pair of pants requires 2.0 hours of sewing time and 2.0 hours of cutting time. Based on the analysis of cost and sales figures, Mr. Wei estimates that each polo shirt will yield a profit of $5, and each pair of pants will generate a profit of $7. Given this scenario, what will be the combination of shirts and pants that will yield
maximum profits?
a. 30 pants and 105 shirts
b. 210 pants and 45 shirts
c. 80 pants and 55 shirts
d. 120 pants and 185 shirts
a. 30 pants and 105 shirts
You might also like to view...
What term is used to describe the process of allocating the cost of natural resources to expense?
What will be an ideal response?
Using the five stages of customer loyalty to create groups of customers that are in each stage is called _____
Fill in the blank(s) with correct word
The ________ is the compound annual rate of interest earned on a debt security purchased on a given date and held to maturity.
A) risk premium B) yield curve C) risk-free rate D) yield to maturity
Which of the following statements regarding management estimates is FALSE?
A) They also identify estimates with high risk due to forecast errors, and assess whether these are fairly presented in the circumstances. B) Complications in audit evaluation can arise from measurements involving management estimates. C) In areas where GAAP are evolving, the auditor needs to exercise judgment, guided by general principles and reporting objectives, to assess fair presentation. D) Auditors typically do not keep track of the differences between management estimates and the most reasonable estimates supported by audit evidence.