Final answer:
To maximize profit, the Hits on a Shoestring music company should set up a system of inequalities and graph the feasible region to determine the number of rock CDs and rap CDs to produce.
Step-by-step explanation:
To determine the number of rock CDs and rap CDs that the Hits on a Shoestring music company should produce to maximize their profit, we can set up a system of inequalities based on the given information. Let's denote the number of rock CDs as 'x' and the number of rap CDs as 'y'.
The cost constraint can be expressed as: 1500x + 1200y <= 15000
The labor hour constraint can be expressed as: 18x + 25y >= 175
The profit can be calculated using the equation: Profit = 20000x + 30000y
To graph the feasible region, we need to graph the inequalities and shade the region that satisfies all the constraints. The feasible region will be the intersection of the shaded regions. From this region, we can determine the values of 'x' and 'y' that will maximize the profit.