SOLUTION: Your action figure "the Mathmagician" has not been selling very well over the last few months. In order to sell the remaining 100 figurines you decided to bundle them with a calcul
Question 500785: Your action figure "the Mathmagician" has not been selling very well over the last few months. In order to sell the remaining 100 figurines you decided to bundle them with a calculator or a slide rule. Each calculator cost $3 and each slide rule cost $6. The maximum amount you can spend on this venture is $420. Of course, you do not want to buy more than 100 items combined. The profit for each figure with a calculator is $3 and for each figure with a slide rule is $5. Each figure you do not sell costs you an additional $10 disposal fee and every figure not in a bundle will not be sold.
Set up a linear programming problem you can use to maximize the profit. Hint: use 100-x-y for the number of figures not sold
I have
x=calculators
y=slide rules
3x=6y<=$420 Maximum spend on venture
x+y<=100 Buy no more than 100
I can solve the problem, just need help setting up!!
Help!!! THANKS
Linear programming problems, even as elementary as this one, require considerable time and effort to set up and solve. Send me a note and I'll give you a quote for this one.
John
My calculator said it, I believe it, that settles it
