document.write( "Question 164583This question is from textbook
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document.write( ": can someone please help me with this problem:\r
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document.write( "The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring, versus 2 man-hours to make one SST ring.\r
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document.write( "How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $60 and on an SST ring is $20?\r
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document.write( "a. 24 VIP and 4 SST
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document.write( "b. 20 VIP and 0 SST
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document.write( "c. 20 VIP and 4 SST
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document.write( "d. 24 VIP and 0 SST \n" );
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Algebra.Com's Answer #121298 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring, versus 2 man-hours to make one SST ring. \n" ); document.write( "How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $60 and on an SST ring is $20? \n" ); document.write( "------------------------------------ \n" ); document.write( "Quantity Inequality: P + T <= 24 \n" ); document.write( "Man-hrs Inequality: 3P + 2T <= 60 \n" ); document.write( "------------------------ \n" ); document.write( "Solve each inequality for P and graph in the 1st quadrant: \n" ); document.write( "P = -T + 24 \n" ); document.write( "P = (-2/3)T + 20 \n" ); document.write( "-------------------- \n" ); document.write( " \n" ); document.write( "-------------------- \n" ); document.write( "Check the T/P values of the P intercept, the T intercept, and the \n" ); document.write( "intersection of the two equation lines: (0.20), (24,0), and (12,12) \n" ); document.write( "-------------------- \n" ); document.write( "Evaluate the profit from each production combination: \n" ); document.write( "(0,20): 20*0 + 60*20 = 1200 \n" ); document.write( "(24,0): 20*24 + 60*0 = 480 \n" ); document.write( "(12,12): 20*12 + 60*12 = 12*80 = 960 \n" ); document.write( "-------------- \n" ); document.write( "Ans: Best profit with 0 T rings and 20 P rings \n" ); document.write( "================ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "======== \n" ); document.write( " \n" ); document.write( "a. 24 VIP and 4 SST \n" ); document.write( "b. 20 VIP and 0 SST \n" ); document.write( "c. 20 VIP and 4 SST \n" ); document.write( "d. 24 VIP and 0 SST \n" ); document.write( " \n" ); document.write( " |