Question

The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires...

The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires 3 hours to assemble and 1/2 hour to paint, and the economy model requires 2 hours to assemble and 1 hour to paint. The maximum number of assembly hours available is 24 per day, and the maximum number of painting hours available is 8 per day. If the profit on the deluxe model is $94 per unit and the profit on the economy model is $72 per unit, how many units of each model will maximize profit?

Homework Answers

Answer #1

Profit = 94X + 72 Y, where X and Y are the numbers of Deluxe and Economy models produced, respectively

Assembly hours per day: 24
Paint hours per day: 8
x: 3 hrs assemble, 1/2 hr paint;
y: 2 hrs assemble, 1 hr paint;

Equations are -

3X1 + 2X2 = 24

0.5 Y1 + Y2 = 8

The maximum number of deluxe units per day is (x):
Assembly: 24 [hours] / 3 [hours/unit] = 8 [units]
Paint: 8 [hours] / (1/2) [hour/unit] = 16 [units]

Limited by your assembly time, you can only produce at most 8 deluxe units. What about the eco units (y):
Assembly: 24 [hours] / 2 [hours/unit] = 12 [units]
Paint: 8 [hours] / 1 [hour/unit] = 8 [units]

Therefore

4 Deluxe = 12 hrs assembly, and 2 hrs paint
6 Economy = 12 hrs assemblyy, and 6 hrs paint

Now you put this numbers into your profit equation:
P(x = 4, y = 6) = 94(4) + 72(6) = 808

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