Math Problem Statement

A company produces two types of TVs, one is black and white, while the other is colour. The company has the resources to make exactly 200 sets a week. Creating a black and white set costs Rs. 2,700 and Rs. 3,600 to create a coloured set. The business should spend no more than Rs. 6,48,000 a week producing TV sets. If it benefits Rs. 525 per set from a set of black and white TV and Rs. 675 per set from a set of coloured TV, then what is the maximum profit (in Rs.) he could produce by sets produced in a week?

Solution

This is a linear programming problem that maximizes profit subject to resource constraints. Let’s break it down:

Definitions:

  • Black and White TVs: Let xx be the number of black and white TVs produced.

    • Cost per set: 27002700
    • Profit per set: 525525
  • Colored TVs: Let yy be the number of colored TVs produced.

    • Cost per set: 36003600
    • Profit per set: 675675

Constraints:

  1. Total Production: x+y=200x + y = 200 (exactly 200 sets are made per week).
  2. Total Cost Constraint: 2700x+3600y648,0002700x + 3600y \leq 648,000 (maximum weekly cost).
  3. Non-Negativity: x0,y0x \geq 0, y \geq 0.

Objective Function:

Maximize profit PP: P=525x+675yP = 525x + 675y


Step 1: Express yy in terms of xx from the total production constraint:

y=200xy = 200 - x

Step 2: Substitute y=200xy = 200 - x into the total cost constraint:

2700x+3600(200x)648,0002700x + 3600(200 - x) \leq 648,000 Simplify: 2700x+720,0003600x648,0002700x + 720,000 - 3600x \leq 648,000 900x+720,000648,000-900x + 720,000 \leq 648,000 900x72,000-900x \leq -72,000 x80x \leq 80

Thus, x80x \leq 80.


Step 3: Substitute y=200xy = 200 - x into the profit function:

P=525x+675(200x)P = 525x + 675(200 - x) Simplify: P=525x+135,000675xP = 525x + 135,000 - 675x P=150x+135,000P = -150x + 135,000


Step 4: Maximize profit within the feasible range of xx:

  • From the constraints, x80x \leq 80 and x+y=200x + y = 200. Therefore:
    • If x=80x = 80, then y=20080=120y = 200 - 80 = 120.
    • Profit P=150(80)+135,000=123,000P = -150(80) + 135,000 = 123,000.

Final Answer:

The maximum profit is Rs. 1,23,000, which corresponds to Option (1).


Would you like me to explain any step further or solve a similar problem?

Here are 5 questions you could explore next:

  1. How do we solve when there are more than two variables?
  2. How can graphical methods be used to solve linear programming problems?
  3. What if the total production constraint is not an equality but an inequality?
  4. How does increasing the cost constraint affect the solution?
  5. Can we solve this problem using software tools like Excel or Python?

Tip: Always ensure constraints are carefully interpreted, especially equality or inequality signs.

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Math Problem Analysis

Mathematical Concepts

Linear Programming
Optimization Problem
Inequalities
Algebraic Constraints

Formulas

Total Cost Constraint: 2700x + 3600y ≤ 648000
Production Constraint: x + y = 200
Profit Function: P = 525x + 675y

Theorems

Linear Programming Maximization
Feasible Region Constraints

Suitable Grade Level

Undergraduate Level / Higher Secondary (Grades 11-12)