Product Design An entrepreneur is having a design group produce at least six samples of a new kind of fastener that he wants to market. It costs $ 9.00 to produce each metal fastener and $ 4.00 to produce each plastic fastener. He wants to have at least two of each version of the fastener and needs to have all the samples 24 hours (h) from now. It takes 4 h to produce each metal sample and 2 h to produce each plastic sample. To minimize the cost of the samples, how many of each kind should the entrepreneur order? What will be the cost of the samples?
Product Design An entrepreneur is having a design group produce at least six samples of a new kind of fastener that he wants to market. It costs $ 9.00 to produce each metal fastener and $ 4.00 to produce each plastic fastener. He wants to have at least two of each version of the fastener and needs to have all the samples 24 hours (h) from now. It takes 4 h to produce each metal sample and 2 h to produce each plastic sample. To minimize the cost of the samples, how many of each kind should the entrepreneur order? What will be the cost of the samples?
Solution Summary: The author explains the linear programming problem, wherein a design group has to produce at least six samples of fasteners.
Product Design An entrepreneur is having a design group produce at least six samples of a new kind of fastener that he wants to market. It costs
to produce each metal fastener and
to produce each plastic fastener. He wants to have at least two of each version of the fastener and needs to have all the samples 24 hours (h) from now. It takes 4 h to produce each metal sample and 2 h to produce each plastic sample. To minimize the cost of the samples, how many of each kind should the entrepreneur order? What will be the cost of the samples?
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