Demand for trainers means

Assignment Help Engineering Mathematics
Reference no: EM13962684

1. Shoe Manufacture

A small shoe manufacturer makes two styles of trainers, a cross-training shoe and a specialist running shoe. A pair of cross-training shoes requires 1 hour machining and 2 hours assembly and makes a profit of £10. A pair of running shoes requires 1.5 hours machining and 1.5 hours assembly, and makes a profit of £15. The company has 210 hours machining time available per week and 300 hours assembly time per week.

Let x denote the number of pairs of cross-trainers and y denote the number of pairs of running shoes the manufacturer can produce per week.

(a) What is the weekly profit of the manufacturer, assuming that the demand for trainers means that all pairs will be sold?

(b) Write down all the constraints for the problem.

(c) Solve the linear programming problem graphically to find the number of trainers of each type that maximise the revenue. On your graph indicate clearly the feasible region, the optimal point, an arbitrary isoprofit line, and the isoprofit line corresponding to optimal profit.

(d) Hence state the optimum number of trainers of each type the manufacturer should produce each week, and the maximum profit the manufacturer can make.

Reference no: EM13962684

Questions Cloud

Monthly demands at a minimum cost : Riley's produces two grades of ice cream-creamy and premium. Both are produced by blending two types of dairy mixes. Both dairy mixes contain different amounts of butter fat and skim milk. Their cost per gallon varies accordingly
Study the different type of interview techniques and write : Study the different type of interview techniques and write in detail about them.
What two means of obtaining the tires exists to the firm : A bicycle manufacturer with an output of 25,000 high-quality bikes per month requires 50,000 tires on the last Thursday of the month to meet their efficiency standards. If the firm wants to continue specializing in what it does best, namely, making b..
Error present between experimental and calculated signal : From figure 3 it can be seen that the waveform is not a smooth sink function. The theoretical signal showed as red signal move away from the max amplitude the waveform should be decaying. There is still some error present between experimental and cal..
Demand for trainers means : What is the weekly profit of the manufacturer, assuming that the demand for trainers means that all pairs will be sold? Write down all the constraints for the problem.
Determine the number of chairs and tables : The profit derived from each chair is $400 and from each table, $100. The company wants to determine the number of chairs and tables to produce each day in order to maximize profit.
How does a consumer''s optimal choice of goods change : How does a consumer's optimal choice of goods change if all prices and the consumer's income double? (Hint: focus on the budget constraint. You don't have to, but you can use an example to support your answer).
Study total quality management and 5s : Study Total Quality Management and 5S. Apply all the principles of 5S in one of the refineries you know and make a detailed report for the same.
Responsible for scheduling the monthly production levels : Suppose a production manager is responsible for scheduling the monthly production levels of a certain product for a planning horizon of twelve months. Units scheduled for production in month j are immediately available for delivery at the beginning o..

Reviews

Write a Review

Engineering Mathematics Questions & Answers

  Prime number theorem

Dirichlet series

  Proof of bolzano-weierstrass to prove the intermediate value

Every convergent sequence contains either an increasing, or a decreasing subsequence.

  Antisymmetric relations

How many relations on A are both symmetric and antisymmetric?

  Distributed random variables

Daily Airlines fies from Amsterdam to London every day. The price of a ticket for this extremely popular flight route is $75. The aircraft has a passenger capacity of 150.

  Prepare a system of equations

How much money will Dave and Jane raise for charity

  Managing ashland multicomm services

This question is asking you to compare the likelihood of your getting 4 or more subscribers in a sample of 50 when the probability of a subscription has risen from 0.02 to 0.06.]  Talk about the comparison of probabilities in your explanation.

  Skew-symmetric matrices

Skew-symmetric matrices

  Type of taxes and rates in spokane wa

Describe the different type of taxes and their rates in Spokane WA.

  Stratified random sample

Suppose that in the four player game, the person who rolls the smallest number pays $5.00 to the person who rolls the largest number. Calculate each player's expected gain after one round.

  Find the probability density function

Find the probability density function.

  Develop a new linear programming for an aggregate production

Linear programming applied to Aggregate Production Planning of Flat Screen Monitor

  Discrete-time model for an economy

Discrete-time model for an economy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd