Math Problem Statement
An airline offers economy and business class tickets. For the airline to be profitable, it must sell a minimum of 27 business class tickets and a minimum of 30 economy tickets. The company makes a profit of R245 for each economy ticket and R295 for each business class ticket. At most, the plane has a capacity of 155 travellers. The airline would like to maximize their profit.
Let x represent the number of economy tickets sold and let y be the number of business class tickets sold.
Identify the constraint and objective functions in this problem. Use the table of guidelines below to type your functions. Do not include any spaces when typing your functions.
Symbol
How to type this
<=
<
=
Constraints:
Number of economy tickets:
Number of business class tickets:
Capacity:
Objective function:
Maximize
Solution
Here are the constraint and objective functions based on the problem you provided:
Constraints:
-
Minimum number of economy tickets: Type:
x>=30
-
Minimum number of business class tickets: Type:
y>=27
-
Capacity constraint (total number of travelers): Type:
x+y<=155
Objective function:
Maximize profit:
Type: P=245x+295y
Let me know if you'd like more details on how to solve this problem or if you have any other questions!
Here are 5 related questions:
- How do we graph these constraints on a coordinate plane?
- How do we solve the system of inequalities to find feasible solutions?
- What is the significance of the boundary lines in the solution space?
- How do we determine the optimal solution for maximizing profit?
- How do corner points affect the optimization of the objective function?
Tip: When solving optimization problems, always check the vertices (corner points) of the feasible region, as these often yield the maximum or minimum values for the objective function.
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Math Problem Analysis
Mathematical Concepts
Linear Programming
Inequalities
Maximization
Formulas
x >= 30 (Minimum economy tickets)
y >= 27 (Minimum business tickets)
x + y <= 155 (Total capacity)
P = 245x + 295y (Maximize profit)
Theorems
Linear programming optimization
Feasible region and corner points theorem
Suitable Grade Level
Grades 10-12
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