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Problem 7-14 (pg 278)    Using the following equations, graph the constraints and solve using the corner point approach ONLY.  Let: X1 = number of air conditioners to be produced X2 = number of fans to be produced Maximize profit = 25X1 + 15X2 subject to 3X1 + 2X2  <= 240 (wiring)                 2X1 + 1X2 <= 140 (drilling)                      X1, X2 >= 0

Problem 7-14 (pg 278)    Using the following equations, graph the constraints and solve using the corner point approach ONLY.  Let: X1 = number of air conditioners to be produced X2 = number of fans to be produced Maximize profit = 25X1 + 15X2 subject to 3X1 + 2X2  <= 240 (wiring)                 2X1 + 1X2 <= 140 (drilling)                      X1, X2 >= 0

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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  1. Problem 7-14 (pg 278)    Using the following equations, graph the constraints and solve using the corner point approach ONLY. 

Let: X1 = number of air conditioners to be produced

X2 = number of fans to be produced

Maximize profit = 25X1 + 15X2

subject to 3X1 + 2X2  <= 240 (wiring)

                2X1 + 1X2 <= 140 (drilling)

                     X1, X2 >= 0

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