A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table. Labor-Hours per Ski Department Trick Ski Maximum Labor-Hours Available per Day 336 Slalom Ski Fabricating 8 6 Finishing 1 1 48 Answer parts (A), (B), and (C) below. C... (A) If the profit on a trick ski is $30 and the profit on a slalom ski is $40, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit? The maximum profit is $ 1920. The maximum occurs when 0 trick skis and 48 slalom skis are produced. (B) Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski decreases to $35. The maximum profit $1680. The maximum occurs when 1680 trick skis and slalom skis are produced. decreases to increases to remains the same at

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question

999

### Optimizing Production for Maximum Profit

A manufacturing company makes two types of water skis: a trick ski and a slalom ski. The relevant manufacturing data are given below:

#### Manufacturing Data Table
| Department   | Trick Ski | Slalom Ski |
|--------------|-----------|------------|
| **Labor-Hours per Ski** |           |            |
| Fabricating  | 8         | 6          |
| Finishing    | 1         | 1          |
| **Maximum Labor-Hours Available per Day** |           |            |
| Fabricating  |           | 336        |
| Finishing    |           | 48         |

---

#### Problem Part (A):

**Question:** If the profit on a trick ski is $30 and the profit on a slalom ski is $40, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit?

**Solution:** 
- The maximum profit is **$1920**.
- The maximum occurs when **0** trick skis and **48** slalom skis are produced.

---

#### Problem Part (B):

**Question:** Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski decreases to $35.

**Solution:**
- The maximum profit **decreases to** **$1680**.
- The maximum occurs when **0** trick skis and **48** slalom skis are produced.

---

By analyzing the labor-hour constraints and adjusting for changes in profit margins, the company can optimize its production schedule to achieve maximum profitability.
Transcribed Image Text:### Optimizing Production for Maximum Profit A manufacturing company makes two types of water skis: a trick ski and a slalom ski. The relevant manufacturing data are given below: #### Manufacturing Data Table | Department | Trick Ski | Slalom Ski | |--------------|-----------|------------| | **Labor-Hours per Ski** | | | | Fabricating | 8 | 6 | | Finishing | 1 | 1 | | **Maximum Labor-Hours Available per Day** | | | | Fabricating | | 336 | | Finishing | | 48 | --- #### Problem Part (A): **Question:** If the profit on a trick ski is $30 and the profit on a slalom ski is $40, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit? **Solution:** - The maximum profit is **$1920**. - The maximum occurs when **0** trick skis and **48** slalom skis are produced. --- #### Problem Part (B): **Question:** Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski decreases to $35. **Solution:** - The maximum profit **decreases to** **$1680**. - The maximum occurs when **0** trick skis and **48** slalom skis are produced. --- By analyzing the labor-hour constraints and adjusting for changes in profit margins, the company can optimize its production schedule to achieve maximum profitability.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,