to maximize profit it will produce:
400 units of luxury
none of standard.
Step-by-step explanation:
luxury:
20 lb of pastic and 9 min of labor and 40 dollars profit
standard:
30lb plastic 6 of labor and $15
We calculate the contribution per constrain resourse:
labor hours
40 / 9 = 4.44
15 / 6 = 2.5
materials
40/20 = 2
15 / 30 = 0.5
As luxury provides better contribution in both categories we will maximize his production.
60 hours x 60 min per hours = 3,600 min
3,600 / 9 min = 400 units of luxury steppers
12,600/20 = 630 units of luxury
Once we use the labor hours we cannot keep producing, so we maximize the profit at 400 units of luxury at the given scenario.
As there is no amounft left for standard we don't produce any