A company produces two models of picture frames: regular and deluxe frames. The unit profit per deluxe frame is $8 and per regular frame is $5. The frames are carved from a basic frame and there are twelve (12) basic frames available. The production of a deluxe frame requires 8 labour hours and the production of a regular frame requires 5 labour hours. There is a total of forty (40) hours available. How many regular and deluxe frames should the company produce in order to maximize profits? Use the simplex method to solve this linear programming problem.
A company produces two models of picture frames: regular and deluxe frames. The unit profit per deluxe frame is $8 and per regular frame is $5. The frames are carved from a basic frame and there are twelve (12) basic frames available. The production of a deluxe frame requires 8 labour hours and the production of a regular frame requires 5 labour hours. There is a total of forty (40) hours available. How many regular and deluxe frames should the company produce in order to maximize profits? Use the simplex method to solve this linear programming problem.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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