document.write( "Question 79587: 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 and 2 man-hours to make one SST ring. 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 $40 and on an SST ring is $35? \n" ); document.write( "
Algebra.Com's Answer #57168 by ankor@dixie-net.com(22740)![]() ![]() 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 and 2 man-hours to make one SST ring. 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 $40 and on an SST ring is $35? \n" ); document.write( ": \n" ); document.write( "Let x = number of VIP rings: let y = number of SST rings \n" ); document.write( ": \n" ); document.write( "The total production inequality; \n" ); document.write( "x + y =< 24 \n" ); document.write( "y = 24 - x; arranged to plot graph (purple) \n" ); document.write( ": \n" ); document.write( "The labor inequality; \n" ); document.write( "3x + 2y =< 60 \n" ); document.write( "2y = 60 - 3x \n" ); document.write( "y = 60/2 - (3/2)x \n" ); document.write( "y = 30 - 1.5x; arranged to plot the graph (red) \n" ); document.write( ": \n" ); document.write( "The graph: \n" ); document.write( " \n" ); document.write( ": \n" ); document.write( "The 3 corners of the area of feasibility (at or below the lines whichever is lower): \n" ); document.write( ": \n" ); document.write( "..x/y;.....profit on each type;... total profit \n" ); document.write( " 0,24; 40(0) + 35(24) = 0 + 840 = $840 \n" ); document.write( "12,12; 40(12) + 35(12) = 480 + 420 = $900 \n" ); document.write( "20,0; 40(20) + 35(0) = 800 + 35(0) = $800 \n" ); document.write( ": \n" ); document.write( "obviously 12 of each type would give max profit\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ": \n" ); document.write( " \n" ); document.write( " |