(Solved):   please do it in 10 minutes will upvote Price Teory A company manufactures two products, C ...

 

please do it in 10 minutes will upvote

Price Teory A company manufactures two products, C and D. Production data are as follows: Product Labour hours per unit Machining hours per unit 16 8 Materials per unit (kg.) 6 6 ? 16 D 24 C has a selling price of £250 per unit and D £350. Labour costs £10 per hour, and materials are £4 per kilogram, Currently the maximum resources available per week are as follows: Machine hours 400; Labour hours 720; Materials 240 kilograms Required: (a) Advise the company as to the best combination to produce and the total weekly contribution which would result. [16] (b) The trade union has indicated that its members would be willing to work overtime for £12.50 per hour. Advise the company as to whether workers should be offered additional hours at this rate. [4] Total marks for the question [20]