A manufacturing plant produces computer mice, keyboards, and video game consoles. The sales price, per-unit cost, per-unit labor usage, per-unit machine-time usage, and monthly demand are given in the following table (also in worksheet): Each month, a total of 13,000 labor hours and 3,000 hours of machine time are available. How much of each product will maximize profit? Find and record the optimal amount of each product What is the maximized amount of profit?
A manufacturing plant produces computer mice, keyboards, and video game consoles. The sales price, per-unit cost, per-unit labor usage, per-unit machine-time usage, and monthly demand are given in the following table (also in worksheet): Each month, a total of 13,000 labor hours and 3,000 hours of machine time are available. How much of each product will maximize profit? Find and record the optimal amount of each product What is the maximized amount of profit?
Chapter6: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 21T: A manufacturer produces two models of television stands. The table at the left shows the times (in...
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A manufacturing plant produces computer mice, keyboards, and video game consoles. The
sales price, per-unit cost, per-unit labor usage, per-unit machine-time usage, and monthly
demand are given in the following table (also in worksheet):
Each month, a total of 13,000 labor hours and 3,000 hours of machine time are available.
- How much of each product will maximize profit?
- Find and record the optimal amount of each product
- What is the maximized amount of profit?
Mice | Keyboards | Console | |
Sale Price | 10 | 20 | 16 |
Cost to Produce | 2 | 9 | 7 |
Labor usage/unit (hours) | 0.2 | 0.3 | 0.24 |
Machine time/unit (hours) | 0.04 | 0.055 | 0.04 |
Monthly demand | 15000 | 29000 | 11000 |
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