A company manufactures two kinds of ice-cream. The vanilla ice-cream sells for $2.50 each while the chocolate flavour ice-cream sells for $4.50 cents each. It costs the company 1 labour hour to make the vanilla flavour ice-cream and 2 labour hours to make the chocolate flavour ice-cream. The company has a total of 300 labour hours available. It costs the company 3 machine hours for the vanilla ice-cream and 2 machine hours for the chocolate ice cream. The company has a total of 480 machine hours available. How much of each type of ice-cream should the company produce to maximise revenue? What is the maximum revenue?

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Solution Let us suppose x vanilla icecream yChocolate flavor ice cream I... View the full answer