Decide how many units of product 1 and product 2 should be


Decide how many units of product 1 and product 2 should be produced by using GP given the following information:

Item

Product 1

Product 2

Endowment

Profit/unit

16

12

 

Labor

3

6

72

Material/unit

2

1

30

The company has the following goals:

a. Total profit should be at least 260.

b. At least 5 units of product 2 should be produced.

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Microeconomics: Decide how many units of product 1 and product 2 should be
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