Zales Jewelers uses rubies and sapphires to produce two types of rings. A Type 1 ring...
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Zales Jewelers uses rubies and sapphires to produce two types of rings. A Type 1 ring requires 2 rubies, 3 sapphires, and 1 hour of jeweler's labor. A Type 2 ring requires 3 rubies, 2 sapphires, and 2 hours of jeweler's labor. Each Type 1 ring sells for $400, and each Type 2 ring sells for $500. All rings produced by Zales can be sold. Zales now has 100 rubies, 120 sapphires, and 70 hours of jeweler's labor. Extra rubies can be purchased at a cost of $100 per ruby. Market demand requires that the company produce at least 20 Type 1 rings and at least 25 Type 2 rings. To maximize profit, Zales solved the LP below. Use the computer output to answer the questions. X1 = Type 1 rings produced X2 = Type 2 rings produced R number of rubies purchased 1) max 400 X1 + 500 X2 100 R subject to 2) 2 X13 X2 - R Zales Jewelers uses rubies and sapphires to produce two types of rings. A Type 1 ring requires 2 rubies, 3 sapphires, and 1 hour of jeweler's labor. A Type 2 ring requires 3 rubies, 2 sapphires, and 2 hours of jeweler's labor. Each Type 1 ring sells for $400, and each Type 2 ring sells for $500. All rings produced by Zales can be sold. Zales now has 100 rubies, 120 sapphires, and 70 hours of jeweler's labor. Extra rubies can be purchased at a cost of $100 per ruby. Market demand requires that the company produce at least 20 Type 1 rings and at least 25 Type 2 rings. To maximize profit, Zales solved the LP below. Use the computer output to answer the questions. X1 = Type 1 rings produced X2 = Type 2 rings produced R number of rubies purchased 1) max 400 X1 + 500 X2 100 R subject to 2) 2 X13 X2 - R
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Zales Jewelers uses rubies and sapphires to produce two types of rings. A Type 1 ring requires 2 rubies, 3 sapphires, and 1 hour of jeweler's labor. A Type 2 ring requires 3 rubies, 2 sapphires. and...
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