Kane Manufacturing has a division that produces two models of fireplace grates, x units of model A and y units of model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grate requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is $2, and the profit for each model B grate is $1.50. 1000 lb of cast iron and 20 labor- hours are available for the production of grates each day. Because of an excess inventory of model B grates, management has decided to limit the production of model grates to no more than 200 grates per day. (a) If the contribution to the profit of a model A grate is changed to $1.25/grate, what will be the optimal profit? The optimal profit is P = $ 10 X at (x, y) = 20 3 0,5 (b) If the contribution to the profit of a model A grate is changed to $2.25/grate, what will be the optimal profit? 20 The optimal profit is P = $10 x at (x, y) = (0, * ). 3

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
Kane Manufacturing has a division that produces two models of fireplace grates, x units of model A and y units of model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor.
To produce each model B grate requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is $2, and the profit for each model B grate is $1.50. 1000 lb of cast iron and 20 labor-
hours are available for the production of grates each day. Because of an excess inventory of model B grates, management has decided to limit the production of model B grates to no more than 200
grates per day.
(a) If the contribution to the profit of a model A grate is changed to $1.25/grate, what will be the optimal profit?
× ).
The optimal profit is P = $ 10
X at (x, y) =
(0,
20
3
(b) If the contribution to the profit of a model A grate is changed to $2.25/grate, what will be the optimal profit?
20
The optimal profit is P = $ 10 × at (x, y) = (0,
* ).
3
Transcribed Image Text:Kane Manufacturing has a division that produces two models of fireplace grates, x units of model A and y units of model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grate requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is $2, and the profit for each model B grate is $1.50. 1000 lb of cast iron and 20 labor- hours are available for the production of grates each day. Because of an excess inventory of model B grates, management has decided to limit the production of model B grates to no more than 200 grates per day. (a) If the contribution to the profit of a model A grate is changed to $1.25/grate, what will be the optimal profit? × ). The optimal profit is P = $ 10 X at (x, y) = (0, 20 3 (b) If the contribution to the profit of a model A grate is changed to $2.25/grate, what will be the optimal profit? 20 The optimal profit is P = $ 10 × at (x, y) = (0, * ). 3
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,