Question
A manufacturer of bicycles builds racing, touring, and mountain models. The bicycles are made of both aluminum and steel. The company has available 91,800 units
A manufacturer of bicycles builds racing, touring, and mountain models. The bicycles are made of both aluminum and steel. The company has available 91,800 units of steel and 42,000 units of aluminum. The racing, touring, and mountain models need 17, 27, and 34 units of steel and 12, 21, and 15 units of aluminum, respectively. How many of each type of bicycle should be made in order to maximize profit if the company makes $8 per racing bike, $12 per touring bike, and $22 per mountain bike? (a) Set up the Linear Programming problem is x= # of racing bikes, y=# of touring bikes and z = # of mountain bikes (b) How many of each type of bicycle should be made in order to maximize profit if the company makes $8 per racing bike, $12 per touring bike, and $22 per mountain bike? (c) What is the maximum possible profit? (d) Are there any units of steel or aluminum leftover? How much?
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