17. A company manufactures two types of novelty souvenirs made of plywood. Souvenirs of type A requires 5 minutes each for cutting and 10 minutes each for assembling. Souvenirs of type B require 8 minutes each for cutting and 8 minutes each for assembling. There are 3 hours 20 minutes available for cutting and 4 hours for assembling. The profit is ?.5 each for type A and ?.6 each for type B souvenirs. How many souvenirs of each type should the company manufacture in order to maximize the profit?
17. A company manufactures two types of novelty souvenirs made of plywood. Souvenirs of type A requires 5 minutes each for cutting and 10 minutes each for assembling. Souvenirs of type B require 8 minutes each for cutting and 8 minutes each for assembling. There are 3 hours 20 minutes available for cutting and 4 hours for assembling. The profit is ?.5 each for type A and ?.6 each for type B souvenirs. How many souvenirs of each type should the company manufacture in order to maximize the profit?
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1 Answer
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Let the company manufacture x souvenirs of type A and y souvenirs of type B. Therefore,
x ≥ 0 and y ≥ 0
The given information can be complied in a table as follows.
Type A
Type B
Availability
Cutting (min)
5
8
3 × 60 + 20 =200
Assembling (min)
10
8
4 × 60 = 240
The profit on type A souvenirs is Rs 5 and on type B souvenirs is Rs 6. Therefore, the constraints are
The mathematical formulation of the given problem is
Maximize
subject to the constraints,
The feasible region determined by the system of constraints is as follows.
The corner points are A (24, 0), B (8, 20), and C (0, 25).
The values of Z at these corner points are as follows
The maximum value of Z is 200 at (8, 20).
Thus, 8 souvenirs o
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x – y – z = α . (ii)
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