document.write( "Question 1071240: 2 A small manufacturer produces two kinds of good, A and B, for which demand exceeds capacity. The production costs for A and B are $6 and $3, respectively, each, and the corresponding selling prices are $7 and $4. In addition, the transport costs are 20 cents and 30 cents for each good of type A and B, respectively. The conditions of a bank loan limit the manufacturer to maximum weekly production costs of $2700 and maximum weekly transport costs of $120.
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document.write( "How should the manufacturer arrange production to maximize profit? \n" );
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Algebra.Com's Answer #686170 by Theo(13342) You can put this solution on YOUR website! x = number of units of product A. \n" ); document.write( "y = number of units of product B.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your constraint inequalitiess are:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x >= 0 \n" ); document.write( "y >= 0 \n" ); document.write( "6x + 3y <= 2700 \n" ); document.write( ".2x + .3y <= 120\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "selling price is equal to 7x + 4y\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "profit is equal to 7x - 6x - .2x + 4y - 3y - .3y\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "combine like terms and you get:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "profit is equal to .8x + .7y\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that's your objective function.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "using the desmos.com calculator, you would graph the opposite inequalities.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "to be more specific, you would graph the following inequalities.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x <= 0 \n" ); document.write( "y <= 0 \n" ); document.write( "6x + 3y >= 2700 \n" ); document.write( ".2x + .3y >= 120\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the area of the graph that is NOT shaded is your region of feasibility.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your graph will look like this.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "you then find the corner points of this region and evaluate your objective function at those corner points.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "you will get.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "profit at (0,400) = 280 \n" ); document.write( "profit at (375,150) = 405 \n" ); document.write( "profit at (450,0) = 360\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your maximum profit is at (375,150).\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "you have to meet your constraints at those corner points.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "production costs at (375,150) = 6x + 4y = 2700 which meets the constraint that they be less than or equal to 2700.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "transport costs at (375,150) = .2x + .3y = 120 which meets the constraint that they be less than or equal to 120.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x >= 0 and y >= 0 are also meet the constraint that they be greater than or equal to 0 at the point (375,150).\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "all constraints are met.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your maximum profit is when you sell 375 units of product A and 150 units of product B.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |