Question
Blue Ridge Power Company has a maximum capacity of 2.5 million kilowatt-hour (kwh) of electric power available on a daily basis. The demand (in millions
Blue Ridge Power Company has a maximum capacity of 2.5 million kilowatt-hour (kwh) of electric power available on a daily basis. The demand (in millions of kwh) for power from its customers for high demand hours and low demand hours is determined by the following formulas:
High demand = 5.8 - 0.06Ph + 0.005Pl
Low demand = 3.0 - 0.11Pl + 0.008Ph
The variable Pl equals to the price per kilowatt-hour during low demand hours, and Ph is the price per kilowatt-hour during high demand hours.
According to the following answer report, the maximized revenue is _____. (Round the answer to the nearest integer)
Variable Cells
Cell Name Orig Value Final Value Integer
$B$2 Ph 0 62.26 Contin
$B$3 Pl 0 29.17 Contin
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