Problem 41
Question
Products \(\mathrm{A}\) and \(\mathrm{B}\) are produced by a company according to the following production information. (a) To produce one unit of product A requires 1 hour of working time on machine I, 2 hours on machine II, and 1 hour on machine III. (b) To produce one unit of product B requires 1 hour of working time on machine I, 1 hour on machine II, and 3 hours on machine III. (c) Machine I is available for no more than 40 hours per week, machine II for no more than 40 hours per week, and machine III for no more than 60 hours per week. (d) Product \(A\) can be sold at a profit of \(\$ 2.75\) per unit and product B at a profit of \(\$ 3.50\) per unit. How many units each of product \(A\) and product \(B\) should be produced per week to maximize profit?
Step-by-Step Solution
VerifiedKey Concepts
Objective Function
The objective function, in this case, is expressed as: \( 2.75x + 3.50y \).
- Here, \( x \) stands for the units of product A, each unit providing a profit of \\(2.75.
- \( y \) represents the units of product B, which gives \\)3.50 of profit per unit.
Constraints
In our scenario, constraints originate from the limited working hours of machines:
- Machine I: The sum of hours worked on both products should not exceed 40 hours. This can be expressed as: \( x + y \leq 40 \).
- Machine II: Similarly, the total hours must not be more than 40. The constraint is \( 2x + y \leq 40 \).
- Machine III: This has a higher limit of 60 hours, represented by \( x + 3y \leq 60 \).
- Another constraint stems from reality: you can't produce a negative quantity of products. Hence, \( x \geq 0 \) and \( y \geq 0 \).
Feasible Region
To determine this region, you'll need to graph the inequalities. Where the lines
- \( x + y = 40 \)
- \( 2x + y = 40 \)
- \( x + 3y = 60 \)
In this region, any point on the graph represents a valid production level of products A and B. However, not every point will maximize profit.
Vertex Evaluation
Once your feasible region is graphed, identify the vertices—the corner points of this polygon. Let's say these are points A, B, C, and D. You then evaluate the objective function \( 2.75x + 3.50y \) at each of these vertices. It will show how much profit each vertex yields:
- Substitute each vertex into the profit formula.
- Calculate the profit for each vertex.