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?
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.FOM: Focus On Modeling: Making The Best Decisions
Problem 7P: Cell Phone Plans Gwendolyn is mulling over the three cell phone plans shown in the table. Gigabytes...
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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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