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?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
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.

  1. How much of each product will maximize profit?
  2. Find and record the optimal amount of each product
  3. 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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