Solve the problem.19) A company manufactures two ballpoint pens, silver and gold. The silver requires 3 min in agrinder and 4 min in a bonder. The gold requires 3 min in a grinder and 8 min in a bonder. Thegrinder can be run no more than 87 hours per week and the bonder no more than 51 hours perweek. The company makes a $8 profit on each silver pen sold and $12 on each gold. How many ofeach type should be made each week to maximize profits?A) Silver pens: 0Gold pens: 381C) Silver pens: 1359Gold pens: 381B) Silver pens: 1Gold pens: 382D) Silver pens: 382Gold pens: 1359

Let x,y denote, respectively, the number of silver and gold pens the company manufactures in a week.…

company manufactures two ballpoint pens, silver and gold. The silver requires 3 min in a 19) grinder and 4 min in a bonder. The gold requires 3 min in a grinder and 8 min in a bonder. grinder can be run no more than 87 hours per week and the bonder no more than 51 hours week. The company makes a $8 profit on each silver pen sold and $12 on each gold. How ma each type should be made each week to maximize profits? A) Silver pens: 0 Gold pens: 381 C) Silver pens: 1359 B) Silver pens: Gold pens: 382 D) Silver pens: 382 Gold pens: 1359 1

company manufactures two ballpoint pens, silver and gold. The silver requires 3 min in a 19) grinder and 4 min in a bonder. The gold requires 3 min in a grinder and 8 min in a bonder. grinder can be run no more than 87 hours per week and the bonder no more than 51 hours week. The company makes a $8 profit on each silver pen sold and $12 on each gold. How ma each type should be made each week to maximize profits? A) Silver pens: 0 Gold pens: 381 C) Silver pens: 1359 B) Silver pens: Gold pens: 382 D) Silver pens: 382 Gold pens: 1359 1

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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