A coffee cup company produces a travel mug and an open mug. Long-term projections indicate an expected demand of at least 100 travel mugs and 80 open mugs each day. Because of limitations on production capacity, no more than 200 travel mugs and 175 open mugs can be made daily. To satisfy a shipping contract, a total of at least 200 mugs much be shipped each day. If each travel mug sold results in a $1.75 loss, but each open mug produces a $3.00 profit, what is the maximized daily profit?

A coffee cup company produces a travel mug and an open mug. Long-term projections indicate an expected demand of at least 100 travel mugs and 80 open mugs each day. Because of limitations on production capacity, no more than 200 travel mugs and 175 open mugs can be made daily. To satisfy a shipping contract, a total of at least 200 mugs much be shipped each day. If each travel mug sold results in a $1.75 loss, but each open mug produces a $3.00 profit, what is the maximized daily profit?

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...

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