Tiffany Manufacturing Company Produces X and Y with Contribution Margins

Multiple Choice

Tiffany Manufacturing Company produces X and Y with contribution margins per unit of $10 and $90, respectively.Only 200 labor hours and 400 machine hours are available for production. Time requirements to produce one unit of X and Y are as follows:

-What is the objective function to maximize profits for Tiffany Manufacturing Company?

A) Minimize 10X + 90Y
B) Maximize 1X + 2Y
C) Maximize 10X + 90Y
D) Minimize 1X + 2Y