Using LP Solve or another tool, solve the following problem. A company makes $20 in profit per book and $18 per calculator that in manufactures. It costs them $5 to manufacture each book and $4 to manufacture a calculator. The board has approved $27,000 per month to the COO. The machines take 5 minutes to make a book and 15 minutes to make a calculator. Assume that the machines can run around-the-clock for 30 days per month. The company cannot sell fractions of either books or calculators. What is the maximum profit that the company make?

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
icon
Related questions
Question
Using LP Solve or another tool, solve the following problem.
A company makes $20 in profit per book and $18 per calculator that in manufactures. It costs them $5 to manufacture each book and $4 to manufacture a calculator. The board has approved $27,000 per month to the COO. The machines
take 5 minutes to make a book and 15 minutes to make a calculator. Assume that the machines can run around-the-clock for 30 days per month. The company cannot sell fractions of either books or calculators. What is the maximum profit
that the company make?
Transcribed Image Text:Using LP Solve or another tool, solve the following problem. A company makes $20 in profit per book and $18 per calculator that in manufactures. It costs them $5 to manufacture each book and $4 to manufacture a calculator. The board has approved $27,000 per month to the COO. The machines take 5 minutes to make a book and 15 minutes to make a calculator. Assume that the machines can run around-the-clock for 30 days per month. The company cannot sell fractions of either books or calculators. What is the maximum profit that the company make?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps

Blurred answer
Knowledge Booster
Order Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Database System Concepts
Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education
Starting Out with Python (4th Edition)
Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON
Digital Fundamentals (11th Edition)
Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON
C How to Program (8th Edition)
C How to Program (8th Edition)
Computer Science
ISBN:
9780133976892
Author:
Paul J. Deitel, Harvey Deitel
Publisher:
PEARSON
Database Systems: Design, Implementation, & Manag…
Database Systems: Design, Implementation, & Manag…
Computer Science
ISBN:
9781337627900
Author:
Carlos Coronel, Steven Morris
Publisher:
Cengage Learning
Programmable Logic Controllers
Programmable Logic Controllers
Computer Science
ISBN:
9780073373843
Author:
Frank D. Petruzella
Publisher:
McGraw-Hill Education