In: Statistics and Probability
A small business enterprise makes dresses and trousers. To make a dress requires 12 hour of cutting and 20 minutes of stitching. To make trousers requires 15 minutes of cutting and 12 hour of stitching. The profit on a dress is N$40 and on a pair of trousers N$50. The business operates for a maximum of 8 hours per day. Determine how many dresses and trousers should be made to maximize the profit and what the maximum profit is?