document.write( "Question 1162002: An accounting firm has 800 hours of staff time and 96 hours of reviewing time available each week. The firm charges 1000 dollars for an audit and 300 dollars for a tax return. Each audit requires 100 hours of staff time and 8 hours of review time. Each tax return requires 12.5 hours of staff time and 2 hours of review time.
\n" ); document.write( "a) What numbers of audits and tax returns will yield the maximum revenue?
\n" ); document.write( "b) What is the maximum revenue?
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Algebra.Com's Answer #785685 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
make a table as shown below.
\n" ); document.write( "this table makes it easier to see how the variables are applied to the problem.
\n" ); document.write( "x = the number of audits.
\n" ); document.write( "y = the number of returns.
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document.write( "                           x                    y\r\n" );
document.write( "                           audits               returns\r\n" );
document.write( "staff hours                100                  12.5            <= 800\r\n" );
document.write( "review hours               8                    2               <= 96\r\n" );
document.write( "revenue dollars            1000                 300             maximize\r\n" );
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\r
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\n" ); document.write( "\n" ); document.write( "your constraint inequalities are:\r
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\n" ); document.write( "\n" ); document.write( "100x + 12.5 <= 800 for staff hours
\n" ); document.write( "8x + 2y <= 96 for review hours\r
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\n" ); document.write( "\n" ); document.write( "your objective function is:\r
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\n" ); document.write( "\n" ); document.write( "1000x + 300y for revenue dollars that you want to maximize\r
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\n" ); document.write( "\n" ); document.write( "using the desmos.com calculator, you graph the opposite of the constraint inequalities.\r
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\n" ); document.write( "\n" ); document.write( "you will graph:\r
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\n" ); document.write( "\n" ); document.write( "100x + 12.5 <= 800 for staff hours
\n" ); document.write( "8x + 2y <= 96 for review hours\r
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\n" ); document.write( "\n" ); document.write( "also graph:\r
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\n" ); document.write( "\n" ); document.write( "x <= 0
\n" ); document.write( "y <= 0\r
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\n" ); document.write( "\n" ); document.write( "this is because x and y must be greater than or equal to 0 in this problem.\r
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\n" ); document.write( "\n" ); document.write( "the area on the graph that is NOT shaded is the region of feasibility.
\n" ); document.write( "your maximum revenue will be at the corner points of this region.
\n" ); document.write( "you evaluate your objective function at those corner points.\r
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\n" ); document.write( "\n" ); document.write( "here's what the graph looks like.\r
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\n" ); document.write( "\n" ); document.write( "you will find that your maximum revenue is at the point (0,48).
\n" ); document.write( "the revenue is 0x + 300y = 0 + 14,400 = 14,400.
\n" ); document.write( "that means max revenue when you provide zero audits and 48 tax returns for revenue of 14,400 dollars.\r
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\n" ); document.write( "\n" ); document.write( "your constraint inequalities need to be satisfied.\r
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\n" ); document.write( "\n" ); document.write( "at (0,48), 100x + 12.5y = 600 <= 800, and 8x + 2y = 96 <= 96.\r
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\n" ); document.write( "\n" ); document.write( "the constraints are all satisfied.
\n" ); document.write( "your maximum revenue is 14,400.\r
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\n" ); document.write( "\n" ); document.write( "you can evaluate the other corner points on your own to confirm that (0,48) give you the maximum revenue.
\n" ); document.write( "the constraints should also be saisfied at those other corner points as well.\r
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