Math Problem Statement
A factory manufactures two products, A and B. Each product requires the use of three machines, Machine I, Machine II, and Machine III. The time requirements and total hours available on each machine are listed below. If product A generates a profit of $45 per unit and product B a profit of $50 per unit, how many units of each product should be manufactured to maximize profit, and what is the maximum profit? Fill in the blanks : To maximize profit, the factory should produce ________ units of product A and ________ units of product B. The maximum profit would be _________.
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Linear Programming
Optimization
Algebra
Formulas
Objective function: Maximize P = 45x1 + 50x2
Machine I constraint: 1x1 + 2x2 ≤ 72
Machine II constraint: 2x1 + 2x2 ≤ 98
Machine III constraint: 4x1 + 2x2 ≤ 180
Theorems
Simplex Method
Linear Inequalities
Suitable Grade Level
University Level (Operations Research, Business Mathematics)
Related Recommendation
Maximization of Production Profit for Two Products with Resource Constraints
Maximize Profit with Linear Programming: A and B Product Production
Maximization of Profit in a Linear Programming Problem with Three Products
Maximizing Profit with Linear Programming for Product Manufacturing
Maximizing Profit in a Linear Programming Model for Product Manufacturing