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A TV manufacturer produces two styles of TV sets , the Cheapie and the Deluxe.
A TV manufacturer produces two styles of TV sets , the Cheapie and the Deluxe. They sell the Cheapie at a loss of $40 per set in hopes that the low price will attract customers to their stores where they will see and buy the Deluxe set instead. They make a profit of $60 on each Deluxe. There are several constraints on the manufacture of the two kinds of sets.
They must make at least 7 sets per day, total
They can use no more than 1750 man hours per day of labor. It takes 50 man hours to make the cheapie and 70 man-hours to make the deluxe
They can make at most 13 deluxes per day
Number of Deluxes must be no more than one and a half times the number of Cheapies made per day.
Number of Deuxes made per day can be at most 6 plus ⅗ of the number of cheapies
The number of Deluxes can be no more than 4 times the number of Cheapies less than 12
Variables
equation for net profit per day
Inequalities for restriction
Graph feasible region
Identify the point at which it gives you a maximum feasible daily profit. Coordinates
Find 2 Integer coordinates that gives you the same maximum feasible profit .
Draw line where the company breaks even
Largest amount that they could lose a day
