ASSIGNMENT 2A – Maximization of Profit (Graphical Method)A tailor has the following materials available: 18 square meter cotton, 20 square meter silk, 5 squaremeter wool. A gown requires the following: 3 square meters cotton, 2 square meters silk and 1 squaremeter wool. A suit requires the following: 2 square meters cotton, 4 square meters silk. If a gown sellsfor P1,200 and a suit for P1,600. How many of each garments should the tailor make to obtain themaximum amount of profit? What is the profit?

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Answered: ASSIGNMENT 2A – Maximization of Profit…

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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The variable cost of manufacturing a product is OMR 35 per unit. The fixed cost is OMR 2800. The capacity of the firm is 100 units. The selling price of the product is 120 per unit. What is the total profit if the firm sells 100 units? O a. RO 5700 O b. RO 12000 RO 6300 O d. RO 3500 Activate Windows Go to Settings to activate Windo
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A chef must decide how many chocolate lava cakes to prepare for the upcoming Mother's Day Dinner special. The chef can either prepare 50, 100, or 150 lava cakes. Assume that demand for the lava cakes can be 50, 100, or 150. Each dish costs $5 to make and is priced at for $7 on the menu. Unsold cakes are donated to a nearby charity center. Assume that there is no opportunity cost for lost sales. The cafe owner told the chef that in the past years, the probability that clients will order 50 cakes is 0.30; the probability they will order 100 cakes is 0.50, and the probability that they will order 150 cakes is 0.20. What is the best alternative using the EMV criterion?
A peanut company sells a mixture of two types of beans. The cheapest mixture contains 80% lean peanuts and 20% pithy beans, while the most expensive bean contains 50% of each type. Every week the company can earn 1,800 kg of lean peanuts and 1,200 pithy peanuts. How many kg of each mixture must be made to maximize profit if the profit is Rp. 100 for each cheap mixture and Rp. 150 from the expensive mixture?a. Formulate the problem?b. Finish with a graphic method?
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Janus owns a small bakery that specilaize in 3 layer cakes dcorated with roses.He employs marcisa and annie.Each month janus wants to make $4000 and he would pay his two employees $3000 each.the fixed cost of rent etc.is $5400/month.They sell the cakes for $50 each and the cost of making each cake is $15. Recall that profit is revenue-cost.Revenue is selling prices times items made.and cost is fixed cost plus the cost of each item times the number of items
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