Izzie's Ice Skates produces two kinds of ice skates: racing skates and figure skates. Each pair of racing skates produces $10 of profit and each pair of figure skates produces $12 of profit. It takes 6 hours to fabricate the racing skates and only 4 hours to fabricate the figure skates. The finishing work on a pair of figure skates takes 2 hours, while finishing up a pair of racing skates takes just 1 hour. The company only has 120 hours available for fabrication work and 40 hours for the finishing work per week. • How many pairs of each kind of skates should they make to maximize their profit? • What is their maximum weekly profit?
Izzie's Ice Skates produces two kinds of ice skates: racing skates and figure skates. Each pair of racing skates produces $10 of profit and each pair of figure skates produces $12 of profit. It takes 6 hours to fabricate the racing skates and only 4 hours to fabricate the figure skates. The finishing work on a pair of figure skates takes 2 hours, while finishing up a pair of racing skates takes just 1 hour. The company only has 120 hours available for fabrication work and 40 hours for the finishing work per week. • How many pairs of each kind of skates should they make to maximize their profit? • What is their maximum weekly 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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Transcribed Image Text:**Izzie's Ice Skates Production Planning**
Izzie's Ice Skates produces two kinds of ice skates: racing skates and figure skates. Each pair of racing skates produces $10 of profit and each pair of figure skates produces $12 of profit. It takes 6 hours to fabricate the racing skates and only 4 hours to fabricate the figure skates. The finishing work on a pair of figure skates takes 2 hours, while finishing a pair of racing skates takes just 1 hour. The company only has 120 hours available for fabrication work and 40 hours for the finishing work per week.
**Questions:**
- How many pairs of each kind of skates should they make to maximize their profit?
- What is their maximum weekly profit?
This text aims to help learners understand the process of optimizing production for maximum profit within given constraints.
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