A tent company produces two types of tents: standard and expedition. The standard type requires 3 hours of cutting and 7 hours of assembly. The expedition type requires 5 hours of cutting and 5 hours of assembly. The company has at most 60 hours a month for cutting and at most 100 hours a month for assembly. How many tents should be produced to maximize the profit if the company makes a profit of $80 on each standard tent and a profit of $100 on each expedition tent?

A tent company produces two types of tents: standard and expedition. The standard type requires 3 hours of cutting and 7 hours of assembly. The expedition type requires 5 hours of cutting and 5 hours of assembly. The company has at most 60 hours a month for cutting and at most 100 hours a month for assembly. How many tents should be produced to maximize the profit if the company makes a profit of $80 on each standard tent and a profit of $100 on each expedition tent?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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