Business Studies, asked by akashdj06, 25 days ago

A company produces two types of leather belts A and B. A is of superior quality and B is of inferior quality. The respective profits are Rs.10 and Rs.5 per belt. The supply of raw material is sufficient for making 850 belts per day. For belt A, a special type of buckle is required and 500 are available per day. There are 700 buckles available for belt B per day. Belt A needs twice as much time as the that required for belt B and the company can produce 500 belts if all of them were of the type A. Formulate the LP model for the above problem and solve by graphical method

Answers

Answered by jatinchpapnai
2

Answer:

A is a superior quality and belt B is of a lower quality. Profits on each type of belt are Rs 2 and Rs 1.50 per belt, respectively. Each belt of type A requires twice as much time as required by a belt of type B. If all belts were of type B, the company could produce 1000 belts per day.

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