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Question 1: Paint company A small print company makes two types of pamphlets: monochrome, and colour. The monochrome pamphlet uses 100 ml of ink,
Question 1: Paint company A small print company makes two types of pamphlets: monochrome, and colour. The monochrome pamphlet uses 100 ml of ink, takes 2 hours to print, and is sold at a profit of $0.50 per unit. The colour pamphlet takes 200 ml of ink, takes 30 minutes to print, and is sold at a profit of $1 per unit. There is a limit of 8L of ink available on any given day, and there is only enough demand for 20 colour pamphlets per day. Similarly, there are only 20 hours of printing time available per day. At what rate should the paper company produce pamphlets to maximize the daily profit rate? information relevant to the objective function information relevant to the constraints
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