Cusco Manufacturing makes various bronze objects for sale to tourists that ...

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     Cusco Manufacturing makes various bronze objects for sale to   tourists that    come to   Cusco and Machu Picchu.  Each bronze llama sold brings a profit   of    $41 U.S.,   each bronze turtle brings $29, and each bronze conquistador head    brings   $47.         Cusco   Manufacturing has 30 artisan employees, each of whom works 8 hours a   day, six   days a week.  The bronze objects are individually made by the   artisans.   Each llama   takes 3 hours of labor, each turtle takes 4 hours of labor and each    conquistador's   head takes 6 hours of labor.         Each llama   takes 20 ozs of bronze, each turtle takes 14 ozs. Of bronze, and    each   conquistador's head takes 19 ozs of bronze. Peru has placed a quota on    use of   bronze, and by the quota Cusco can access a maximum of 15,000 ozs    per   week.         A. how many   of each of these three items should Cusco manufacture each    week in   order to maximize its profits?         B. What will   be the maximum profit?         C. What is   the shadow price for labor?     

    • 7 years ago
    Decision variables: x = Number of Ilamas to be manufactured, y = Number of Turtles to be manufactured ...
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