Find the maximum number of bicycle of each type to make maximum profit
ScanSolve AI Answer
Step-by-step solution
2 stepsTo find the maximum profit, we need to use the method of linear programming.
Define the objective function and constraints.
Let be the number of type A bicycles and be the number of type B bicycles.
The profit for a type A bicycle is K10 000, and for a type B bicycle is K15 000.
The objective function to maximize profit is:From the previous part, the constraints are:
- Cost constraint:
- Storage constraint:
- Non-negativity:
- Non-negativity:
Identify the vertices of the feasible region.
The feasible region is defined by the intersection of these inequalities. We find the corner points (vertices) of this region.
-
Intersection of and :
-
Intersection of and : . Vertex:
-
Intersection of and : . Vertex:
-
Intersection of and : From , we can write . Substitute this into the second equation: Substitute back into : . Vertex:
The constraint is redundant because the feasible region is already bounded by $3x+
-
Still stuck on this one?
Ask a follow-up, and the answer starts from this question.