Formulate linear programming model-graphical analysis

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Reference no: EM13845515

Complete the LP model, graph, and solutions

David plans to start a new business called Rafting Explorers, which will rent canoes and kayaks to people to travel 10 miles down the Patapsco River in Maryland State Park. He has $45,000 to purchase new boats. He can buy the canoes for $600 each and the kayaks for $750 each. His facility can hold up to 65 boats. The canoes will rent for $25 a day, and the kayaks will rent for $30 a day. How many canoes and how many kayaks should he buy to earn the most revenue if all boats can be rented each day?

a. Formulate a linear programming model for this problem

b. Solve this model by using graphical analysis

Please show all work and calculations so that I can better understand this problem please

Reference no: EM13845515

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