Customers buy 12 units of regular beer and 10 units of light beer monthly. The brewery decides to produce extra beer, beyond that needed to satisfy the customers. The cost per unit of regular beer is $42,000 and the cost per unit of light beer is $45,000. Every unit of regular beer brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery wants at least $7,000,000 in revenue. At least 22 additional units of beer can be sold. How much of each type should be made so as to minimize total production cost?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Customers buy 12 units of regular beer and 10 units of light beer monthly. The brewery decides to produce extra beer, beyond that needed to satisfy the customers. The cost per unit of regular beer is $42,000 and the cost per unit of light beer is $45,000. Every unit of regular beer brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery wants at least $7,000,000 in revenue. At least 22 additional units of beer can be sold. How much of each type should be made so as to minimize total production cost?
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