A company is considering producing 8 different products for the upcoming holiday season.The profit contribution per product is illustrated below:
$$\begin{array} { l l }
\text { Product } & \text { Profit } ( \$ ) \
\hline 1 & 10 \
2 & 12 \
3 & 7 \
4 & 15 \
5 & 8 \
6 & 9 \
7 & 13 \
8 & 11
\end{array}$$
The marketing manager has imposed the following restrictions on the production mix:
•Since products 1,2,and 3 are electronic gadgets,at least two of these products must be in the production mix.
•Since products 4 and 5 are kids-oriented,the production mix must include no more than one of these products.
•If product 7 is included in the mix,then product 8 must be included,and vice versa.
Which products should be included in the mix to maximize profit?

Question

A company is considering producing 8 different products for the upcoming holiday season.The profit contribution per product is illustrated below:
 $$\begin{array} { l l } 
\text { Product } & \text { Profit } ( \$ ) \
\hline 1 & 10 \
2 & 12 \
3 & 7 \
4 & 15 \
5 & 8 \
6 & 9 \
7 & 13 \
8 & 11
\end{array}$$ 
The marketing manager has imposed the following restrictions on the production mix:
•Since products 1,2,and 3 are electronic gadgets,at least two of these products must be in the production mix.
•Since products 4 and 5 are kids-oriented,the production mix must include no more than one of these products.
•If product 7 is included in the mix,then product 8 must be included,and vice versa.
Which products should be included in the mix to maximize profit?

Quizplus · Accepted Answer

The Answer of A company is considering producing 8 different products for the upcoming holiday season.The profit contribution per product is illustrated below:
 $$\begin{array} { l l } 
\text { Product } & \text { Profit } ( \$ ) \
\hline 1 & 10 \
2 & 12 \
3 & 7 \
4 & 15 \
5 & 8 \
6 & 9 \
7 & 13 \
8 & 11
\end{array}$$ 
The marketing manager has imposed the following restrictions on the production mix:
•Since products 1,2,and 3 are electronic gadgets,at least two of these products must be in the production mix.
•Since products 4 and 5 are kids-oriented,the production mix must include no more than one of these products.
•If product 7 is included in the mix,then product 8 must be included,and vice versa.
Which products should be included in the mix to maximize profit?

A Company Is Considering Producing 8 Different Products for the Upcoming