Question: FORMULATION AND GRAPHICAL METHOD: Q2/ Reddy Mikks produces both interior and exterior paints from two raw materials, M1 and M2. The following table provides the

FORMULATION AND GRAPHICAL METHOD: Q2/ Reddy Mikks

FORMULATION AND GRAPHICAL METHOD: Q2/ Reddy Mikks produces both interior and exterior paints from two raw materials, M1 and M2. The following table provides the basic data of the problem: Tons of raw material per ton of Exterior paint Interior paint Maximum daily availability (tons) 6 4 Raw material, M1 Raw material, M2 24 6 1 2 Profit per ton ($1000) 5 4 The daily demand for interior paint cannot exceed that for exterior paint by more than 1 ton. Also, the maximum daily demand for interior paint is 2 tons. Reddy Mikks wants to determine the optimum (best) product mix of interior and exterior paints that maximizes the total daily profit

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