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Linear programming

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Linear programming

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 3, 2018 at 1:22 pm #434895
    damien
    Member
    • Topics: 6
    • Replies: 1
    • ☆

    A company makes two products, X and Y, on the same type of direct labour and production capacity per
    period is restricted to 60,000 direct labour hours. The contribution per unit is $8 for Product X and $6 for
    Product Y. The following constraints apply to production and sales:
    x ? 10,000 (Sales demand for Product X)
    y ? 12,000 (Sales demand for Product Y)
    5x + 4y ? 60,000 (Direct labour hours)
    The contribution-maximising output is to produce and sell 10,000 units of Product X and 2,500 units of
    Product Y.
    What is the shadow price per direct labour hour and for how many additional hours of labour does this
    shadow price per hour apply?
    A $1.50 per hour for the next 38,000 direct labour hours
    B $1.50 per hour for the next 47,500 direct labour hours
    C $1.60 per hour for the next 38,000 direct labour hours
    D $1.60 per hour for the next 47,500 direct labour hours

    I need help please

    February 4, 2018 at 4:54 am #434969
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    Have you watched my free lectures on linear programming (because I do explain how to deal with this in the lectures 🙂 ) ?

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Linear programming’ is closed to new replies.

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