A manufacturer of two products (Widgets and Gadgets) makes a profit of $110 for each widget sold and $120 for each gadget sold.However, production of these products generates hazardous waste charges at the rate of 1 (where Wis the number of Widgetsproduced) and 364 (where G is the number of Gadgets produced). The manufacturer has ample supplies of all raw materials and can sellall the Widgets and Gadgets it produces. The firm has sufficient capacity to produce any realistic quantity of both products.What is the optimal quantity of each product to produce? (Round your answers to 1 decimal place.)Widgets andGadgetsWhat is the maximum profit the manufacturer can earn? (Round your answer to 2 decimal places.)Maximum profit

Given- A manufacturer of two products (Widgets and Gadgets) makes a profit of $110 for each widget…

Answered: A manufacturer of two products (Widgets…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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13 14 solve this $ 4 Mary Branson invested her summer earnings of $3000 in a savings account for college. The account pays 3.5% interest. How much will this amount to in 6 months? K R F Mary's savings will amount to $ in 6 months. (Round to the nearest cent as needed.) View an example Get more help - Question 17 (071) % V ww 5 T G B 6 Y H 7 N U NO 8 M K 9 fo O L alt b P Clear all { + C 1 Check answer brt se 1 delete backspace pause 1 9 ? Help orrect: 5 ? اله home lock enter 7 home T shift 6:20 PM 12/6/2022 1 4 8 1 end 5 DO 2
The monthly demand for Williams Tchotchkes (q measured in 1000s of tchotchkes) depends on the price that they set for their tchotchkes (p measured in dollars), the average price of substitutes for their tchotchkes (p, also measured in dollars), and the average monthly disposable income in the market for tchotchkes (y measured in $1000s). The current prices are p = $10 and p₁ = $11, the current monthly demand for Williams Tchotchkes is 8000 tchotchkes and the current average monthly disposable income in the tchotchkes market is $3500. Furthermore, it is known that Əq Op p=10 Pg=11 y=3.5 = -0.31, Əq aps P=10 Pg=11 y=3.5 = 0.44 and Əq dy p=10 Pg=11 y=3.5 = 0.72. Scenario 1: Suppose that p increases by $0.20, p, increases by $0.35 (from their current values), and income doesn't change. In this scenario, monthly demand for Williams Tchotchkes' monthly will [Select] , and Williams Tchotchkes' monthly revenue will [Select] Scenario 2: Now (instead) suppose that average monthly income in the…
Medication Medication A is given six times per day,and medication B is given twice per day. MedicationC is given once every two days, and its dosage is1/2 the sum of the dosages of the other two medications.For a certain patient, the total intake of the threemedications is limited to 28.7 milligrams on days when all three medications are given. If the ratio ofthe dosage of medication A to the dosage of medicationB is 2 to 3, how many milligrams are in each dosage?
The number of pounds of alfalfa hay, x, is equal to The number of pounds of ground ears of corn, y, is equal to
A certain faculty printer is shared by staff and students. Suppose that the rate of generating requests to the printer by staff is twice that of students, but that the average time to print a student printout is the same as average time for a faculty printout. If the utilization of the printer by the students is 25%, the utilization of the printer by the faculty is 50%, the overall average service time is 1 minute, what is the average time the students spend waiting for their printout (time spend in system)?
Q: The Morton Supply Company produces clothing, footwear, and accessories for dancing and gymnastics. They produce three models of pointe shoes used by ballerinas to balance on the tips of their toes. The shoes are produced from four materials: cardstock, satin, plain fabric, and leather. The number of square inches of each type of material used in each model of shoe, the amount of material available, and the profit/model are shown below: Material (measured in square inches) Model 1 Model 2 Model 3 Material Available Cardstock 12 10 14 1200 Satin 24 20 15 2000 Plain fabric 40 40 30 7500 Leather 11 11 10 1000 Profit per model $50 $44 $40 a) Generate the Answer Report using SOLVER in EXCEL. Then, clearly answer what is the optimal solution? What is the resulting profit? b) Generate the Sensitivity Report for the model that you built. Interpret, in context, the Shadow Price for the Leather and the Satin constraints. Include units in your interpretations.
Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demands for these two cameras are as follows: D = demand for the Sky Eagle, Ps is the selling price of the Sky Eagle, D is the demand for the Horizon, and PH is the selling price of the Horizon. Ds = 223 -0.60PS +/0.35PH DH = 273 +0.10PS - 0.64PH The store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function for these two models. (Enter your answer in terms of P and P.) revenue = Find the prices that maximize revenue. (Round your answers to two decimal places.) (PS, PH) =

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