Assignment:
A company produces two products. Relevant information for each product is shown in Table 58. The company has a goal of $48 in profits and incurs a S1 penalty for each dollar it falls short of this goal. A total of 32 hours of labor are available. A $2 penalty is incurred for each hour of overtime (labor over 32 hours) used, and a $1 penalty is incurred for each hour of available labor that is unused. Marketing considerations require that at least 10 units of product 2 be produced. For each unit (of either product) by which production falls short of demand, a penalty of $5 is assessed.