Suppose that a small company produces two different models of kayaks. A larger model and smaller model. The larger model requires 2 hours of manufacturing, 2 hours for assembly and 3 hours for packaging. The smaller model requires 2 hours for manufacturing, 1 hour for assembly and 2 hours for packaging. Each week the company has 120 hours available for manufacturing, 80 hours available for assembly and 132 hours available for packaging. If the company makes a profit of $75 for each of the larger model manufactured and profit of $60 for each smaller model manufactured, how many of each model should the company produce in order to maximize profit ?
Suppose that a small company produces two different models of kayaks. A larger model and smaller model. The larger model requires 2 hours of manufacturing, 2 hours for assembly and 3 hours for packaging. The smaller model requires 2 hours for manufacturing, 1 hour for assembly and 2 hours for packaging. Each week the company has 120 hours available for manufacturing, 80 hours available for assembly and 132 hours available for packaging. If the company makes a profit of $75 for each of the larger model manufactured and profit of $60 for each smaller model manufactured, how many of each model should the company produce in order to maximize profit ?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Topic Video
Question
Suppose that a small company produces two different models of kayaks. A larger model and smaller model. The larger model requires 2 hours of manufacturing, 2 hours for assembly and 3 hours for packaging. The smaller model requires 2 hours for manufacturing, 1 hour for assembly and 2 hours for packaging. Each week the company has 120 hours available for manufacturing, 80 hours available for assembly and 132 hours available for packaging. If the company makes a profit of $75 for each of the larger model manufactured and profit of $60 for each smaller model manufactured, how many of each model should the company produce in order to maximize profit ?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 4 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
