A company wishes to produce two types of souvenirs: Type A and Type B. Each Type A souvenir will result in a profit of $1,and each Type B souvenir will result in a profit of $1.20. To manufacture a Type A souvenir requires 2 minutes on Machine Iand 1 minute on Machine II. A Type B souvenir requires 1 minute on Machine I and 3 minutes on Machine II. There are 3hours available on Machine I and 5 hours available on Machine II.(a) The optimal solution holds if the contribution to the profit of a Type B souvenir lies between $ 48X and $ 96X. (Enter your answers from smallest to largest.)(b) Find the contribution to the profit of a Type A souvenir (with the contribution to the profit of a Type B souvenirheld at $1.20), given that the optimal profit of the company will be $196.80.$2(c) What will be the optimal profit of the company if the contribution to the profit of a Type B souvenir is $1.50(with the contribution to the profit of a Type A souvenir held at $1.00)?$168

Answered: A company wishes to produce two types…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter2: Equations, Inequalities, And Problem Solving

Section2.3: Equations Involving Decimals And Problem Solving

Problem 51PS

See similar textbooks

Similar questions

If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.
At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at least 4.80 from the sale of each pizza. If the pizza will be sold by the slice and each pizza is cut into 6 pieces, what is the minimum charge per slice?
Because of road construction in one city, commuters were advised to plan that their Monday morning commute would take 150% of their usual commuting time. Explain what this means.
Because of road construction in one city,commuters were advised to plan that their Mondaymorning commute would take 150% of their usual commuting time. Explain what this means.
A custom-blend bird seed is made by mixing two types of bird seeds costing $0.75 per pound and $1.25 per pound. How many pounds of each type of seed mixture are used to make 200 pounds of custom-blend bird seed costing $0.95 per pound?
Two planes leave Dallas at the same time. One heads east at a speed of 428 miles per hour. The other plane heads west at a speed of 382 miles per hour. How many hours will it take them to be 2,025 miles apart?
If you are solving a break-even analysis and there is no break-even point, explain what this means for the company. How should they ensure there is a break-even point?
If you are solving a break-even analysis and get a negative break-even point, explain what this signifies for the company?
Graph on the number line: (a) x1 (b) x2 (c) x3
A Toot can be made in 30 minutes and has a feather attached to it. A Wheet requires 15 minutes, has two feathers, and is sprinkled with 0.5 oz of sequin powder. A Honk requires 30 minutes, has three feathers, and one oz. of sequin powder. The net profit is $0.40 per Toot, $0.50 per Wheet, and $0.80 per Honk. The following resources are available: 80 hrs of labor, 360 feathers, and 90 oz. of sequin powder. Determine the quantity of each type of noisemaker that maximizes profit.
In excel please
Because of new federal regulations on pollution, a chemical plant introduced a new, more expensive process to supplement or replace an older process used in the production of a particular chemical. The older process emitted 40 grams of sulfur dioxide and 120 grams of particulate matter into the atmosphere for each gallon of chemical produced. The new process emits 5 grams of sulfur dioxide and 40 grams of particulate matter for each gallon produced. The company makes a profit of 80¢ per gallon and 20¢ per gallon on the old and new processes, respectively. Answer parts (A) through (C) below. (A) If the government allows the plant to emit no more than 36,000 grams of sulfur dioxide and 90,000 grams of particulate matter daily, how many gallons of the chemical should be produced by each process to maximize daily profit? Wha is the maximum daily profit? Summarize the model, Maximize Objective function subject to V 36,000 Sulfur dioxide constraint V 90,000 Particulate constraint х, у 2…

Recommended textbooks for you

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

Intermediate Algebra

Algebra

ISBN:

9781285195728

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

Intermediate Algebra

Algebra

ISBN:

9781285195728

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

College Algebra

Algebra

ISBN:

9781337282291

Author:

Ron Larson

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS