Question
A firm manufactures two products A and B. Each product is processed on two machines M1 and M2. Product A requires 4 minutes of processing time on M1 and 8 min. on M2 ; product B requires 4 minutes on M1 and 4 min. on M2. The machine M1 is available for not more than 8 hrs 20 min. while machine M2 is available for 10 hrs. during any working day. The products A and B are sold at a profit of Rs 3 and Rs 4 respectively.
Formulate the problem as a linear programming problem and find how many products of each type should be produced by the firm each day in order to get maximum profit.