SOLUTION: 1.Construct a model to calculate profit:
A product costs $10 to produce and sells for $25
5. Add the constraint – It take 10 pounds of tin to make 1 product; You have 80 poun
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Question 921242: 1.Construct a model to calculate profit:
A product costs $10 to produce and sells for $25
5. Add the constraint – It take 10 pounds of tin to make 1 product; You have 80 pounds of tin available (and solve for x)
6.Solve the Problem (calculate the profit)
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
1.Construct a model to calculate profit:
A product costs $10 to produce and sells for $25
P(x) = 25x-10x
P(x) = 15x
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5. Add the constraint – It take 10 pounds of tin to make 1 product; You have 80 pounds of tin available (and solve for x)
Comment:: What is the unit cost of the tin??
Cheers,
Stan H.
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6.Solve the Problem (calculate the profit)
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