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Hasselblad Company Manufactures Two Different Products, X and Y What Is the Objective Function for Maximizing Profits?
A)Minimize $5X

Question 87

Multiple Choice

Hasselblad Company manufactures two different products, X and Y. The company has 100 pounds of materials and 300 direct labor hours available for production. The time requirements and contribution margins per unit are as follows:  Froduct X Product Y Contribution margin per unit $5$6 Materials per unit (lbs.)  23 Direct labor hours per unit 53\begin{array}{lcc}&\text { Froduct } \mathrm{X}& \text { Product } Y\\\text { Contribution margin per unit } & \$ 5 & \$ 6 \\\text { Materials per unit (lbs.) } & 2 & 3 \\\text { Direct labor hours per unit } & 5 & 3\end{array} What is the objective function for maximizing profits?


A) Minimize $5X + $6Y
B) Maximize $2X + $3Y
C) Maximize $5X + $6Y
D) Maximize $5X + $3Y

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