Answer: In Exercises 113 and 114, solve the input-output

Chapter , Problem 114

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In Exercises 113 and 114, solve the input-output problem. Business Resource Allocation A manufacturing conglomerate has three divisions, which produce paper, lumber, and prefabri cated walls. For each $1 worth of output, the lumber division needs $0.07 worth of lumber, $0.03 worth of paper, and $0.03 worth of prefabricated walls. For each $1 worth of output, the paper division needs $0.04 worth of lumber, $0.07 worth of paper, and $0.03 worth of prefabricated walls. For each $1 worth of output, the prefabricated walls division requires $0.07 worth of lumber, $0.04 worth of paper, and $0.02 worth of prefabricated walls. Sales estimates are $27 million for the lumber division, $18 million for the paper division, and $10 million for the prefabricated walls division. At what level should each division produce to satisfy this demand?