Fashionista Toys makes three versions of the tiny ‘Oh My Gosh You’… Fashionista Toys makes three versions of the tiny ‘Oh My Gosh You’ dolls. The first version requires 10 minutes each for manufacturing and packaging and 2 pounds of plastic, the second version requires 12 minutes of manufacturing and packaging and 3 pounds of plastic and the third version entails 15 minutes for fabrication and packaging and 4 pounds of plastic. There are 8 hours of manufacturing and packaging available and 200 pounds of plastic available for the next production cycle. The unit profits are $1 for each Version 1, $5 for each Version 2 and $6 for each Version 3. A minimum of 10 units of each must be made to fill previous orders. Formulate a linear programming model that will determine the optimal production quantities for profit maximization. Accounting Business Financial Accounting FINANCE 2002
