store sells two types of toys, A and B. The store owner pays $8 and $14 for each one unit of toy A and B respectively. One unit of toys A yields a profit of $2 while a unit of toys B yields a profit of $3. The store owner estimates that no more than 2000 toys will be sold every month and he does not plan to invest more than $20,000 in inventory of these toys. How many units of each type of toys ( A and B ) should be stocked in
store sells two types of toys, A and B. The store owner pays $8 and $14 for each one unit of toy A and B respectively. One unit of toys A yields a profit of $2 while a unit of toys B yields a profit of $3. The store owner estimates that no more than 2000 toys will be sold every month and he does not plan to invest more than $20,000 in inventory of these toys. How many units of each type of toys ( A and B ) should be stocked in
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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A store sells two types of toys, A and B. The store owner pays $8 and $14 for each one unit of toy A and B respectively. One unit of toys A yields a profit of $2 while a unit of toys B yields a profit of $3. The store owner estimates that no more than 2000 toys will be sold every month and he does not plan to invest more than $20,000 in inventory of these toys. How many units of each type of toys ( A and B ) should be stocked in order to maximize his monthly total profit profit? Assume x = toy A and y = toy B.
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