The Cruiser Bicycle Company makes two styles of bicycles: the Traveler, which sells for $200, and the Tourister, which sells for $600. Each bicycle has the same frame and tires, but the assembly and painting time required for the Traveler is only one hour, while it takes three hours for the Tourister. There are 300 frames and 360 hours of labor available for production. How many of each model should be produced to maximize revenue?
Every 3 hours spend on Assembling on a tourists make one sells for $600
During 3 hours of time makes 3 Traveler sells : $200 * 3 = $600
So 360 hours spend anyway income earned per hour is same.
Anyway 360 hour allocated for production same revenue will be obtained is $200 .
200 * 360 = $72000
Production 90 *3 = 270 Tourists
300 -270=30 Traveler produced
Correction is made
360 should be distributed with the ratio of 3:1
270 , and 30 is the answer
See the table below that if Tourists produced more than 30, then requires more than 360 hrs of work.