SOLUTION: Carlo and Anita make mailboxes and toys in their craft shop near Lincoln. Each mailbox requires 4 hours of work from Carlo and 4hours from Anita. Each toy requires 2 hours of work

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Question 1114726: Carlo and Anita make mailboxes and toys in their craft shop near Lincoln. Each mailbox requires 4 hours of work from Carlo and 4hours from Anita. Each toy requires 2 hours of work from Carlo and 4 hours from Anita. Carlo cannot work more than 24 hours per week and Anita cannot work more than 32 hours per week. If each mailbox sells for $ 13 and each toy sells for $21​, then how many of each should they make to maximize their​ revenue? What is their maximum​ revenue?
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
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Carlo and Anita make mailboxes and toys in their craft shop near Lincoln.
Each mailbox requires 4 hours of work from Carlo and 4 hours from Anita.
Each toy requires 2 hours of work from Carlo and 4 hours from Anita.
Carlo cannot work more than 24 hours per week and
Anita cannot work more than 32 hours per week.
If each mailbox sells for $13 and each toy sells for $21,
then how many of each should they make to maximize their revenue? What is their maximum revenue?
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I re-formatted the input to provide the maximal readability (!!)

The question is: how many mailboxes (X) and how many toys (Y) should be produced to maximize the revenue $11*X + $21*Y
under these restrictions:

4X + 2Y <= 24     (1)     (Carlo restricted by 24 hours per week) and
4X + 4Y <= 32     (2)     (Anita restricted by 32 hours per week).

In other words, you must maximize the objective function (revenue) 

R(X,Y) = 13X + 21Y

over the domain on the plot below, which is  a quadrilateral in the first quadrant (X >= 0,  Y >= 0) restricted 
by the red and the green lines.





Plots y = %2824-4x%29%2F2  (red) and y = %2832-4x%29%2F4 (green)



The method of linear programming says:

    1) Take the vertices of this quadrilateral

        (x1,Y1) = (0,8)   (green line Y-intercept)
        (x2,Y2) = (6,0)   (red line X-intercept)
        (x3,Y3) = (4,4)   (intersection point of the straight lines Y = %2824-4x%29%2F2 and Y = %2832-4x%29%2F4 )

    2) Calculate the objective function at these points

        R(X1,Y1) = 13*0 + 21*8 = 168;

        R(X2,Y2) = 13*6 + 21*0 = 78;

        R(X3,Y3) = 13*4 + 21*4 = 136.


    3) Then select one of these point where the objective function is maximal - In our case this point is (X1,Y1) = (0,8)


    4) This point gives your optimal solution X = 0 mailboxes and Y = 8 toys.


If they follow this optimal solution, their weekly revenue will be MAXIMAL, $168.

Solved.

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Compare with the Problem 2 of the lesson
    - Solving minimax problems by the Linear Programming method
in this site and see other similar solved problems in this lesson.