A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table. Maximum Labor-Hours Labor-Hours per Ski Available per Day Department Fabricating Finishing Answer parts (A), (B), and (C) below. Trick Ski Slalom Ski 8. 384 56 (A) If the profit on a trick ski is $40 and the profit on a slalom ski is $50, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit? The maximum profit is $ 2800 . The maximum occurs when O trick skis and 56 slalom skis are produced. (B) Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski decreases to $45. The maximum profit The maximum occurs when trick skis and slalom skis are produced.

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
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A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table.
Maximum Labor-Hours
Labor-Hours per Ski
Available per Day
Department
Fabricating
Finishing
Answer parts (A), (B), and (C) below.
Trick Ski
Slalom Ski
8.
384
56
(A) If the profit on a trick ski is $40 and the profit on a slalom ski is $50, how many of each type of ski should be manufactured each day to realize a maximum profit?
What is the maximum profit?
The maximum profit is $ 2800 . The maximum occurs when O trick skis and 56 slalom skis are produced.
(B) Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski decreases to $45.
The maximum profit
The maximum occurs when trick skis and slalom skis are produced.
Transcribed Image Text:A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table. Maximum Labor-Hours Labor-Hours per Ski Available per Day Department Fabricating Finishing Answer parts (A), (B), and (C) below. Trick Ski Slalom Ski 8. 384 56 (A) If the profit on a trick ski is $40 and the profit on a slalom ski is $50, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit? The maximum profit is $ 2800 . The maximum occurs when O trick skis and 56 slalom skis are produced. (B) Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski decreases to $45. The maximum profit The maximum occurs when trick skis and slalom skis are produced.
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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing