Determine the number of machine tools of various types

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Reference no: EM131144910

Four types of machine tools are to be installed (purchased) in a production shop. The costs of the various machine tools and the number of jobs that can be performed on each are given below

Machine Tool Type	Cost of Machine Tool ($)	Number of Jobs That Can Be Performed
1	3500	9
2	2500	4
3	2000	3
4	1000	2

If the total amount available is $10,000, determine the number of machine tools of various types to be purchased to maximize the number of jobs performed.

Reference no: EM131144910

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