Chapter 3: Problem 7
Find the graphical solution of each inequality. $$ 2 x+y \leq 4 $$
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Chapter 3: Problem 7
Find the graphical solution of each inequality. $$ 2 x+y \leq 4 $$
These are the key concepts you need to understand to accurately answer the question.
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Solve each linear programming problem by the method of corners. Find the maximum and minimum of \(P=10 x+12 y\) subject to $$ \begin{aligned} 5 x+2 y & \geq 63 \\ x+y & \geq 18 \\ 3 x+2 y & \leq 51 \\ x \geq 0, y & \geq 0 \end{aligned} $$
Kane Manufacturing has a division that produces two models of fireplace grates, model A and model B. To produce each model-A grate requires \(3 \mathrm{lb}\) of cast iron and 6 min of labor. To produce each model-B grate requires \(4 \mathrm{lb}\) of cast iron and \(3 \mathrm{~min}\) of labor. The profit for each model-A grate is \(\$ 2\), and the profit for each model-B grate is \(\$ 1.50 .1000 \mathrm{lb}\) of cast iron and 20 labor-hours are available for the production of grates each day. Because of an excess inventory of model-B grates, management has decided to limit the production of model-B grates to no more than 200 grates per day. How many grates of each model should the division produce daily to maximize Kane's profit? a. Use the method of corners to solve the problem. b. Find the range of values that the contribution to the profit of a model-A grate can assume without changing the optimal solution. c. Find the range of values that the resource for cast iron can assume without changing the optimal solution. d. Find the shadow price for the resource for cast iron. e. Identify the binding and nonbinding constraints.
Deluxe River Cruises operates a fleet of river vessels. The fleet has two types of vessels: A type-A vessel has 60 deluxe cabins and 160 standard cabins, whereas a type-B vessel has 80 deluxe cabins and 120 standard cabins. Under a charter agreement with Odyssey Travel Agency, Deluxe River Cruises is to provide Odyssey with a minimum of 360 deluxe and 680 standard cabins for their 15 -day cruise in May. It costs \(\$ 44,000\) to operate a type-A vessel and \(\$ 54,000\) to operate a type-B vessel for that period. How many of each type vessel should be used in order to keep the operating costs to a minimum? What is the minimum cost?
A company manufactures two products, \(\mathrm{A}\) and \(\mathrm{B}\), on machines \(\mathrm{I}\) and \(\mathrm{II}\). The company will realize a profit of \(\$ 3 /\) unit of product \(A\) and a profit of \(\$ 4 /\) unit of product \(B\). Manufacturing 1 unit of product A requires 6 min on machine I and 5 min on machine II. Manufacturing 1 unit of product \(\mathrm{B}\) requires 9 min on machine I and 4 min on machine II. There are 5 hr of time available on machine I and \(3 \mathrm{hr}\) of time available on machine II in each work shift. a. How many units of each product should be produced in each shift to maximize the company's profit? b. Find the range of values that the contribution to the profit of 1 unit of product A can assume without changing the optimal solution. c. Find the range of values that the resource associated with the time constraint on machine I can assume. d. Find the shadow price for the resource associated with the time constraint on machine \(\mathrm{I}\),
Determine graphically the solution set for each system of inequalities and indicate whether the solution set is bounded or unbounded. $$ \begin{array}{rr} 3 x+4 y & \geq 12 \\ 2 x-y & \geq-2 \\ 0 \leq y & \leq 3 \\ x & \geq 0 \end{array} $$
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