SMC produces two types of GPU. One is gaming GPU (Type 1) and the other is pro GPU (Type 2). Their market data are listed below. a. What is the total profit generated from the two products, as a function of the two decision variables p1 and p2? b. When does the profit function reach its optimal value? c.The production capacity of TSMC semiconductors is constrained by 2v1 + v2 ≤ μ. What is the range of μ that makes the solution point not on the constraint boundary?   *please solve a-c and either type or neatly  write your answers and all your work on paper. NO EXCEL* thank you!

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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SMC produces two types of GPU. One is gaming GPU (Type 1) and the other
is pro GPU (Type 2). Their market data are listed below.

a. What is the total profit generated from the two products, as a function of
the two decision variables p1 and p2?


b. When does the profit function reach its optimal value?


c.The production capacity of TSMC semiconductors is constrained by

2v1 + v2 ≤ μ.

What is the range of μ that makes the solution point not on the constraint boundary?

 

*please solve a-c and either type or neatly  write your answers and all your work on paper. NO EXCEL* thank you!

 

Table 2: GPU Production Data
Type volume/price relationship fixed cost(c;) unit variable cost(c,)
v1 = 4, 000 – 4p1
v2 = 1, 500 – p2
1
400,000
400
250,000
500
Transcribed Image Text:Table 2: GPU Production Data Type volume/price relationship fixed cost(c;) unit variable cost(c,) v1 = 4, 000 – 4p1 v2 = 1, 500 – p2 1 400,000 400 250,000 500
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