2. AMBK Company manufactures furniture such as sofas and tables. In their current inven-tory, a total of 48 planks of wood are left. Each sofa needs four planks of wood to be madewhile each table needs two planks of wood to be made. The company earns a profit ofhundred pesos where P(x, y) = 12xy for selling a units of sofas and y units of tables. Withtheir current inventory of woods, how many sofas and tables are needed to be producedto maximize their profit? (Use the Lagrange method of optimization.)

Each sofa need 4 plank of wood Each table need 2 plank of wood Total availability of wood 48 plank…

Answered: AMBK Company manufactures furniture…

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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During the first quarter of 2015, Toronto Dominion Bank (TD) stock cost $45 per share and was expected to yield 4% per year in dividends, while CNA Financial Corp. (CNA) stock cost $40 per share and was expected to yield 2.5% per year in dividends.† If you invested a total of $29,050 in these stocks and expected to earn $922 in dividends in a year, how many shares of each stock did you purchase?

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