Answered: Bill is trying to determine how many…

Name: Bill is trying to determine how many units of two types of telephones
Uploaded: 2024-03-20T07:07:26.000Z
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Description: Bill is trying to determine how many units of two types of telephones to produce each day. One of these is the standard, while the other is the deluxe. The profit per unit on the standard is $50, while the profit per unit on the deluxe is $60. Eac

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Bill is trying to determine how many units of two types of telephones to produce each day. One of these is the standard, while the other is the deluxe. The profit per unit on the standard is $50, while the profit per unit on the deluxe is $60. Each model requires 30 minutes of assembly time. The standard requires 10 minutes of inspection time and the deluxe requires 15 minutes of inspection time. There are 450 minutes of assembly time and 180 minutes of inspection time available each day. How many of each product should be manufactured to maximize profits?

	Standard Phones (X₁)	Deluxe Phones (X₂)	Time Available
Assembly	30	30	450
Inspection	10	15	180
Profit	$50	$60

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