The E-JEM Company produces two types of laptop computer bags. The regular version requires $32 in capital, 4 hours of labor, andsells for $41. The deluxe version requires $38 in capital, 6 hours of labor, and sells for $52. How many of each type of bag should thecompany produce in order to maximize their revenue if they have $2100 and 300 labor hours available?.....The company should makeregular laptop bags anddeluxe bags to maximize revenue.

We have to maximize the revenue. We will use the graphical method to find the optimal solution.

Answered: The E-JEM Company produces two types of…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when he replaces the brakes. He works no more than 48 hours a week. He routinely completes at least 4 shocks replacements and 6 brake replacements a week. If he charges $450 for labor replacing shocks and $250 in labor for replacing brakes, how many jobs of each type should he complete a week to maximize his income? Kevin should do enter your response here shock replacements and enter your response here brake replacements every week to maximize his weekly income.
The owner of a condominium complex has 45 units all of which will be occupied if the rent charged is $600per month. The owner estimates that for every $20 increase in rent, one of the units will become vacant.The owner sets aside $60 per month from each of the occupied units to establish a repair fund. What rentshould be charged per month in order to maximize the owner’s profit if there are no other expenses? Whatis the owner’s maximum monthly profit? How many units are occupied?
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erth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $15,000/day to operate, and it yields 65 oz of gold and 2900 oz of silver each day. The Horseshoe Mine costs $15,500/day to operate, and it yields 70 oz of gold and 1300 oz of silver each day. Company management has set a target of at least 540 oz of gold and 16,800 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost? Saddle- Days Horseshoe- Days Minimum Cost-
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Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when he replaces the brakes. He works no more than 54 hours a week. He routinely completes at least 4 shocks replacements and 6 brake replacements a week. If he charges $450 for labor replacing shocks and $300 in labor for replacing brakes, how many jobs of each type should he complete a week to maximize his income? Kevin should do shock replacements and brake replacements every week to maximize his weekly income.
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