8. Formulate the following problem as a linear programming problem and solve it using the graphical method of corners. A company produces two types of șimilar products, product A and product B. Product A requires 2 hours to produce and product B requires 4 hours to produce. The company has only 800 hours to use in production each day and can only produce up to 300 of both products per day .If the company sells product A for $22.50 and product B for $45.00, how many of each type should be produced each day to maximize sales revenue ?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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8. Formulate the following problem as a linear programming problem and solve it using
the graphical method of corners.
A company produces two types of șimilar products, product A and product B. Product A
requires 2 hours to produce and product B requires 4 hours to produce. The company has
only 800 hours to use in production each day and can only produce up to 300 of both
products per day .If the company sells product A for $22.50 and product B for $45.00,
how many of each type should be produced each day to maximize sales revenue ?
Transcribed Image Text:8. Formulate the following problem as a linear programming problem and solve it using the graphical method of corners. A company produces two types of șimilar products, product A and product B. Product A requires 2 hours to produce and product B requires 4 hours to produce. The company has only 800 hours to use in production each day and can only produce up to 300 of both products per day .If the company sells product A for $22.50 and product B for $45.00, how many of each type should be produced each day to maximize sales revenue ?
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