Project details
Description
**26. The Martinez Model Car Company Production**
| Ferrari | BMW | Lotus | Tesla | Minutes Available |
| --- | --- | --- | --- | --- |
| Molding | 5.00 | 3.50 | 1.00 | 3.00 |
| Sanding | 4.00 | 3.20 | 2.00 | 3.65 |
| Polishing | 3.50 | 2.00 | 3.00 | 1.00 |
| Painting | 3.75 | 3.25 | 1.75 | 2.00 |
| Finishing | 4.00 | 1.00 | 2.00 | 3.00 |
Prices:
- Ferrari: $350.00
- BMW: $330.00
- Lotus: $270.00
- Tesla: $255.00
**a.** To maximize profit, the number of each type of car to be produced needs to be determined.
**b.** If marketing requires at least 40 units of each car to be produced daily, the optimal production plan and profit will be calculated. Before solving this, it is expected that the profit will be higher compared to the answer in part a.
**c.** What happens if marketing requires at least 50 units of each car to be produced daily?
| Ferrari | BMW | Lotus | Tesla | Minutes Available |
| --- | --- | --- | --- | --- |
| Molding | 5.00 | 3.50 | 1.00 | 3.00 |
| Sanding | 4.00 | 3.20 | 2.00 | 3.65 |
| Polishing | 3.50 | 2.00 | 3.00 | 1.00 |
| Painting | 3.75 | 3.25 | 1.75 | 2.00 |
| Finishing | 4.00 | 1.00 | 2.00 | 3.00 |
Prices:
- Ferrari: $350.00
- BMW: $330.00
- Lotus: $270.00
- Tesla: $255.00
**a.** To maximize profit, the number of each type of car to be produced needs to be determined.
**b.** If marketing requires at least 40 units of each car to be produced daily, the optimal production plan and profit will be calculated. Before solving this, it is expected that the profit will be higher compared to the answer in part a.
**c.** What happens if marketing requires at least 50 units of each car to be produced daily?
Client info
Dr J******rman
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Proposals
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Project summary
- Budget
- KSh500.00 – KSh700.00
- Budget type
- Fixed price
- Bids
- 1
- Avg bid
- KSh500.00
- Status
- Completed
- Clicks
- 210
- Impressions
- 441
- Posted date
- 6 months ago