110k views
4 votes
TVs4U is trying to determine the price of each model of television.

6. For each set of profits, determine how many of each model they should make to maximize the profit. Then, determine the maximum profit. Assume they sell all the televisions they make.
a. the profit on the HD Big View is $250, and the profit on the MegaTeleBox is $300.

1 Answer

4 votes

To determine the number of each model of television and the maximum profit for TVs4U, we need more information about the profit values for HD Big View and MegaTeleBox. Once we have this information, we can solve the problem using linear programming techniques.

To determine the number of each model of television that TVs4U should make to maximize profit, we need to compare the profits of the HD Big View and MegaTeleBox models.

Given that the profit on the HD Big View is $250 and the profit on the MegaTeleBox is $300, we can set up the objective function:

Total Profit = (Profit per HD Big View TV * Number of HD Big View TVs) + (Profit per MegaTeleBox TV * Number of MegaTeleBox TVs)

Total Profit = (250x) + (300y)

To find the maximum profit, we need to consider the constraints. TVs4U has a production capacity of 500 televisions and cannot manufacture more than 300 units of the MegaTeleBox due to resource limitations.

The constraints can be expressed as:

x + y ≤ 500 (Production capacity constraint)

y ≤ 300 (MegaTeleBox constraint)

To solve this problem, we can use linear programming techniques. By graphing the feasible region (the region satisfying the constraints) and evaluating the objective function at each corner point of the region, we can find the optimal solution.

However, without specific values for the profit per TV, we cannot determine the exact maximum profit or the number of each model TVs4U should make.

User Ndugger
by
8.0k points