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TicToc Produces Product a and Product B

Question 17

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TicToc produces product A and product B. These products have the following resource requirements. TicToc produces product A and product B. These products have the following resource requirements.   The firm has a weekly production budget of $3000 and a maximum of 1000 hours of labor per week. Each A produced generates $35.00 in profit for the company. Each B produced generates $25.00 in profit for the company. The company's objective function is A)  Maximize Z = $35.00A + $25.00B. B)  Minimize Z = $12A + 8B. C)  Minimize Z = 4A + 3B. D)  None of these answer choices is correct. The firm has a weekly production budget of $3000 and a maximum of 1000 hours of labor per week. Each A produced generates $35.00 in profit for the company. Each B produced generates $25.00 in profit for the company. The company's objective function is


A) Maximize Z = $35.00A + $25.00B.
B) Minimize Z = $12A + 8B.
C) Minimize Z = 4A + 3B.
D) None of these answer choices is correct.

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