A company manufactures two products. If it charges aprice pi for product i, it can sell qi units of product i, whereq1  60  3p1 p2 and q2  80  2p2 p1. It costs $25to produce a unit of product 1 and $72 to produce a unit ofproduct 2. How many units of each product should beproduced to maximize profits?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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A company manufactures two products. If it charges a
price pi for product i, it can sell qi units of product i, where
q1  60  3p1
p2 and q2  80  2p2
p1. It costs $25
to produce a unit of product 1 and $72 to produce a unit of
product 2. How many units of each product should be
produced to maximize profits?
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