My nieces and nephews raise goats and pigs. They want to raise no more than 16...
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My nieces and nephews raise goats and pigs. They want to raise no more than 16 all together with no more than 10 goats. It costs them $25 to raise a goat and $75 to raise a pig. They have $900 available to do this. They can earn a profit of $12 for each goat and a profit of $40 for each pig. How many goats and how many pigs should they raise to maximize total profit. What is the maximum profit? My nieces and nephews raise goats and pigs. They want to raise no more than 16 all together with no more than 10 goats. It costs them $25 to raise a goat and $75 to raise a pig. They have $900 available to do this. They can earn a profit of $12 for each goat and a profit of $40 for each pig. How many goats and how many pigs should they raise to maximize total profit. What is the maximum profit?
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To maximize the total profit we can set up a mathematical model and use linear programming to solve ... View the full answer
Related Book For
Macroeconomics Principles and Applications
ISBN: 978-1133265238
5th edition
Authors: Robert e. hall, marc Lieberman
Posted Date:
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