The company makes a profit of $50 on each table and a profit of $15 on each
Question:
(A) If the company makes 20 tables and 20 chairs per day, the daily profit will be $1,300. Are there other production schedules that will result in a daily profit of $1,300? How are these schedules related to the graph of the line 50x + 15y = 1,300?
(B) Find a production schedule that will produce a daily profit greater than $1,300 and repeat part (A) for this schedule.
(C) Discuss methods for using lines like those in parts (A) and (B) to find the largest possible daily profit.
For Information: Refer to Problem 36.
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Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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