Allen Electronics manufactures two types of computers- desktops and laptops. The production of a desktop requires a capital expenditure of $800 and 70 hours of labour. The production of a laptop requires a capital expenditure of $550 and 60 hours of labour. The company has $90,000 capital and 4,500 labour- hours available for production of both types of computers. If each desktop computer contributes a profit of $980 and each laptop contributes a profit of $650, how many computers of each type should be produced in order to maximize profit?
Allen Electronics manufactures two types of computers- desktops and laptops. The production of a desktop requires a capital expenditure of $800 and 70 hours of labour. The production of a laptop requires a capital expenditure of $550 and 60 hours of labour. The company has $90,000 capital and 4,500 labour- hours available for production of both types of computers. If each desktop computer contributes a profit of $980 and each laptop contributes a profit of $650, how many computers of each type should be produced in order to maximize profit?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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Transcribed Image Text:Allen Electronics manufactures two types of computers- desktops and laptops. The production of a
desktop requires a capital expenditure of $800 and 70 hours of labour. The production of a laptop requires
a capital expenditure of $550 and 60 hours of labour. The company has $90,000 capital and 4,500 labour-
hours available for production of both types of computers. If each desktop computer contributes a profit of
$980 and each laptop contributes a profit of $650, how many computers of each type should be produced
in order to maximize profit?
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