Solve this problem using the simplex method. Big Pig Game Company makes checker sets and chess sets. Each day the company has available 1600 boards, which can be used for both games. They have 80,000 units of wood for making pieces. Each checker set uses 20 units of wood and each chess set uses 60 units of wood. The company that Big Pig Game Company sells to can take up to 1250 checker sets per day and up to 750 chess sets per day. The company makes a profit of $1.00 on each checker set and $2.00 on each chess set. (a) How many checker sets and how many chess sets should Big Pig Game Company make each day in order to maximize its profits? ______checker sets ______chess sets (b) What is the profit per day using this strategy? $ ___ per day
Solve this problem using the simplex method.
Big Pig Game Company makes checker sets and chess sets. Each day the company has available 1600 boards, which can be used for both games. They have 80,000 units of wood for making pieces. Each checker set uses 20 units of wood and each chess set uses 60 units of wood. The company that Big Pig Game Company sells to can take up to 1250 checker sets per day and up to 750 chess sets per day. The company makes a profit of $1.00 on each checker set and $2.00 on each chess set.
(a) How many checker sets and how many chess sets should Big Pig Game Company make each day in order to maximize its profits?
______checker sets
______chess sets
(b) What is the profit per day using this strategy?
$ ___ per day
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