National business machines manufactures two models of fax machine A and B. Each model A costs $110 to make, and each model B costs $150. The profits are $29 for each model A and $43 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $540,000/month for manufacturing costs, how many units of each model should National make each month in order to maximize its monthly profit?
National business machines manufactures two models of fax machine A and B. Each model A costs $110 to make, and each model B costs $150. The profits are $29 for each model A and $43 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $540,000/month for manufacturing costs, how many units of each model should National make each month in order to maximize its monthly profit?
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter5: Systems Of Linear Equations
Section5.2: Solve Systems Of Equations By Substitution
Problem 5.47TI: Geraldine has been offered positions by two insurance companies. The first company pays a salary of...
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National business machines manufactures two models of fax machine A and B. Each model A costs $110 to make, and each model B costs $150. The profits are $29 for each model A and $43 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $540,000/month for manufacturing costs, how many units of each model should National make each month in order to maximize its monthly profit?
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