Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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The problem below involves three variables. Solve it with the simplex method, Excel, or some other technology.

A contractor builds three types of houses: the Aries, the Belfair, and the Wexford. Each house requires one lot, and the following table gives the number of labor-hours and the amount of capital needed for each type of house, as well as the profit on the sale of each house. There are 9 lots, 34,400 labor-hours, and $2,429,200 available for the contractor's use.

       Aries      Belfair      Wexford
Labor-hours   3,000   3,700   5,000
Capital   $205,000   $279,600   $350,000
Profit   $20,000   $25,000   $30,000
(a) Building how many of each type of house will maximize his profit?
Aries      houses
Belfair      houses
Wexford      houses

(b) What is the maximum possible profit?
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