1.(P2-38) The production department for an aluminum valve plant is scheduling its work for next month. Each valve must go through three separate machines during the fabrication process. After fabrication, each valve is inspected by a human being, who spends 15 minutes per valve. There are 525 inspection hours available for the month. The time required (in hours) by each machine to work on each valve is shown in the following table. Also shown are the minimum number of valves that must be produced for the month and the unit profit for each valve.
2.(P2-43) An investor is considering three different television news stocks to complement his portfolio: British Broadcasting Company (BBC), Canadian Broadcasting Company (CBC), and Australian Broadcasting Company (ABC). His broker has given him the following information: