Question
A company produces two types of goods, A and B, that require gold and silver. Each unit of type A requries 3g of silver and
A company produces two types of goods, A and B, that require gold and silver. Each unit of type A requries 3g of silver and 1 g of gold while that of type B requires 1 g of silver and 2g of gold. The company can use at the most of 9 g of silver and 8 of gold. If each unit of type A brings a profit of ? 40 and that of type B ? 50, find the number of units of each type that the company should produce to maximize profit. Formulate the above LPP and solve it graphically and also find the maximum profit?
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Data Analysis And Decision Making
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