I need help with the following problem.
Using the attached file please help with Constructing a model expressing the profit for X made in a day in terms of the decision variables. Solve the question graphically to determine the number of bowls and mugs to produce each day for maxinum profit.
I know that Zmax is 40x+50y and the constraints are 1x+2y<_40ozs
LP problem is
Maximize Z = 40x+50y
Subject to constraints
1x+2y ≤ 40
4x+3y ≤ 120
First find the x and y-intercepts of both the inequalities by replacing ≤ sign by = .
x-intercept for ...
This post reiterates maximum profit.