National business machines manufactures two models of fax machine A and B. Each model A costs $110 to make, and each model B costs $150. The profits are $29 for each model A and $43 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $540,000/month for manufacturing costs, how many units of each model should National make each month in order to maximize its monthly profit?
National business machines manufactures two models of fax machine A and B. Each model A costs $110 to make, and each model B costs $150. The profits are $29 for each model A and $43 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $540,000/month for manufacturing costs, how many units of each model should National make each month in order to maximize its monthly profit?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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National business machines manufactures two models of fax machine A and B. Each model A costs $110 to make, and each model B costs $150. The profits are $29 for each model A and $43 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $540,000/month for manufacturing costs, how many units of each model should National make each month in order to maximize its monthly profit?
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