Wild West produces two types of cowboy hats. A Type 1 requires twice as much labor time as a Type 2. If all the available labor time is dedicated to Type 2 alone, the company can produce a total of 400 Type 2 hats a day. The respective market limits for the two types are 150 and 200 hats per day.
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Answer:
Type 1 = 100 Type 2 = 200
Explanation:
Lets assume time taken for type 2 to be x
Therefore time taken for type 1 is 2x
The demand for Type 1 is 150 and type 2 is 200
We can produce 400 type 2 hats in a day
Therefore we should produce only 200 type to hats as the demand is limited to 200
The remaining time can be made to make 100 type 1 hats
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