In Problem construct a mathematical model in the form of a linear programming problem. (The answers in
Question:
In Problem construct a mathematical model in the form of a linear programming problem. (The answers in the back of the book for these application problems include the model.) Then solve by the geometric method.
A manufacturing company makes two types of water skis—a trick ski and a slalom ski. The relevant manufacturing data are given in the table below.
(A) If the profit on a trick ski is $40 and the profit on a slalom ski is $30, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit?
(B) Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski decreases to $25.
(C) Discuss the effect on the production schedule and the maximum profit if the profit on a slalom ski increases to $45.
Step by Step Answer:
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker