You have a company that manufactures denim jeans and denim jackets. A denim jeans costs 5$...

You have a company that manufactures denim jeans and denim jackets.

A denim jeans costs 5$ to make and uses 2 yards of denim. You sell the denim jeans for $25.00

A denim jacket costs 12$ to make and uses 3 yards of denim. You sell the denim jacket for $40.00.

You have 300 yards of denim.

You need to sell at least 10 jeans and 10 jackets in a year. How many jeans and jackets would you have to sell in order to maximize profit.

Please use solver in excel and show your work in a sheet and attach the excel file as your response.

Solutions

Expert Solution

Profit = Profit per jeans x quantity of jeans + Profit per jacket x quantity of jacket

Z = 20J + 28JA

Constraints are

J > or = 10

JA > or = 10

2J + 3JA < or = 300

The optimum number is Jeans = 135 and Jackets = 10.

Rahul Sunny answered 1 year ago

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