Chapter 8: Problem 36
An auditorium contains 600 seats. For an upcoming event, tickets will be priced at \(\$ 8\) for some seats and \(\$ 5\) for others. At least 225 tickets are to be priced at \(\mathrm{S} 5\). and total sales of at least \(\$ 3000\) are desired. Find and graph a system of inequalities that describes all possibilities for pricing the two types of tickets.
Short Answer
Step by step solution
Define Variables
Total Seats Constraint
Minimum Lower-Priced Tickets Constraint
Total Sales Requirement
Rearrange for Graphing System
Graph the Inequalities
Determine Solution Region
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.
Linear Inequalities
Graphing Inequalities
- If the test point satisfies the inequality, shade the region that includes this point.
- If it does not, shade the opposite side.
Revenue Constraints
Mathematical Modeling
- It simplifies decision-making by showing the effects of different pricing or selling strategies.
- It helps predict outcomes and set expectations.
- It provides a clear strategy to tackle practical problems, such as maximizing revenue or seating capacity.