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M1 and 1 ton of by more than 1 product mix of

M1 and 1 ton of by more than 1 product mix of

MATLAB: An Introduction with Applications
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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UPLOAD your complete solution to this item: Prime Paints manufactures two types of paints, one for interior painting and the other for exterior painting. Both types require the use of two raw materials - M1 and M2, so that the maximum daily availabilities of these materials are 24 tons and 6 tons, respectively. It is known that 1 ton of the interior type of paint requires 4 tons of M1 and 2 tons of M2. On the other hand, 1 ton of the exterior type of paint requires 6 tons of M1 and 1 ton of M2. It has been established that the daily demand for interior paint cannot exceed that for the exterior paint by more than 1 ton. Also, the maximum daily demand for interior paint is 2 tons. The company wants to determine the optimum product mix of interior and exterior paints to maximize the total daily profit given that the profit per ton of the interior paint is 4 thousand dollars and the profit per ton of the exterior paint is 5 thousand dollars. Suppose x represents the number of tons produced daily of interior paints and y represents the number of tons produced daily of exterior paints. What is the maximum daily profit obtainable for Prime Paints in the manufacture of these two types of paints?
Transcribed Image Text:UPLOAD your complete solution to this item: Prime Paints manufactures two types of paints, one for interior painting and the other for exterior painting. Both types require the use of two raw materials - M1 and M2, so that the maximum daily availabilities of these materials are 24 tons and 6 tons, respectively. It is known that 1 ton of the interior type of paint requires 4 tons of M1 and 2 tons of M2. On the other hand, 1 ton of the exterior type of paint requires 6 tons of M1 and 1 ton of M2. It has been established that the daily demand for interior paint cannot exceed that for the exterior paint by more than 1 ton. Also, the maximum daily demand for interior paint is 2 tons. The company wants to determine the optimum product mix of interior and exterior paints to maximize the total daily profit given that the profit per ton of the interior paint is 4 thousand dollars and the profit per ton of the exterior paint is 5 thousand dollars. Suppose x represents the number of tons produced daily of interior paints and y represents the number of tons produced daily of exterior paints. What is the maximum daily profit obtainable for Prime Paints in the manufacture of these two types of paints?
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