Math Problem Statement
A company manufactures two models of snowboards, standard and deluxe. Each deluxe model requires 28 hours to produce, and 60 units of material. Each standard model requires 14 hours to produce and 50 units of material. The company has 1050 production hours available and 2750 units of material in stock. The deluxe model sells for $252 and the standard model sells for $180. What amount of each model should be produced and sold to obtain the maximum revenue? deluxe models standard models What is the maximum revenue? $
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Programming
Optimization
Formulas
Revenue = 252x + 180y
Production Hours Constraint: 28x + 14y ≤ 1050
Material Units Constraint: 60x + 50y ≤ 2750
Non-Negativity Constraint: x ≥ 0, y ≥ 0
Theorems
Linear Programming Feasibility Theorem
Optimal Solution Theorem
Suitable Grade Level
Grades 11-12
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