What is the optimal mix of frames

Assignment Help Mathematics
Reference no: EM13193549

Let's investigate a slight variation of the problem we discussed last week. Now suppose that the constraints associated with our problem remain the same. That is, suppose that Ryan Arts manufactures two types of picture frames--let's call them typeX and typeY. Each typeX frame requires 2 hours of labor and 1 unit of material to make, and each typeY frame requires 1 hour of labor and 2 units of material to make. During the upcoming week the company has 4000 hours of labor and 5000 units of material available. However, now suppose that the profit margins for the two types of frames are changed. Let's assume that the profit margin for typeX frames is still $2.00 per frame, but instead of the profit margin for the typeY frames being $3.00, suppose that it increases to $6.00 per typeY frame. In this case, what is the optimal mix of frames that Ryan should produce, and what is the profit associated with this mix?

Reference no: EM13193549

Questions Cloud

Letter of interest to become a online professor for business : Need a cover letter and a letter of interest to become a part-time online adjunct professor for business.
State lead carbonate and potassium carbonate : A solid laboratory unknown contains two substances, lead(II) carbonate and potassium carbonate. A 5.000 g sample of this unknown was treated with aqueous nitric acid to dissolve it, then, after further treatment to adjust the acidity, it was treat..
Evaluate the entrepreneurial process : Identify and evaluate the entrepreneurial process (intrapreneurship) and how ideas are encouraged and fostered to create competitive advantage.
How much should he be willing to pay for this policy : Using life insurance tables, a retired man determines that the probability of living 5 more years is 0.91. He decides to take out a life insurance policy that will pay $31,000 in the event that he dies during the next 5 years. How much should he b..
What is the optimal mix of frames : In this case, what is the optimal mix of frames that Ryan should produce, and what is the profit associated with this mix?
Define cocaine overdose and addiction are health problems : Cocaine overdose and addiction are major public health problems. One novel treatment involves the administration of high activity mutants of human butyrylcholinesterase (BChE) (i.e. this would be a protein-based ‘drug') that would hydrolyze and d..
Investments of a smart business : The bank is willing to lend the business this money at a 10 percent interest rate over an eight-year term.calculate the monthly payment, and explain what the business must be able to do with this money.
How many times greater is the volume of box : Bonni has two simlilar rectangular boxes. The dimensions of box 1 are twice those of box 2. How many times greater is the volume of box 1 than the volume of box 2?
What is the largest area you can enclose : If you have 120 meters of fencing and want to enclose a rectangular area up against a long, straight wall, what is the largest area you can enclose?

Reviews

Write a Review

Mathematics Questions & Answers

  Find the work done in moving an object through the force

find the work done in moving an object through the force field F=xi+y^1/2j along the curve y=x^3/2 from (0,0) to (4,8)

  Determine the volume of nitric acid in the tank

If the solution entering the tank is 20% nitric acid, determine the volume of nitric acid in the tank after t minutes.

  Determining simultaneous equation

Suppose that the simultaneous equations F(x,y,z)=0 and G(x,y,z)=0 define x=f(z) and y=g(z) implicitly, Determine expressions for dx/dz and dy/dz in terms of partial derivatives of F and G

  Question about analytic function proofs

Show that the real part of the function z^(1/2) is always positive. Suppose f: G --> C ( C complex plane) is analytic and that G is connected. Show that if f(z) is real for all z in G, then f is a constant.

  Illustrate this in a vector diagram

A ship travels 200km west from port and then 240km due south before it is disabled. Illustrate this in a vector diagram. Usa trigonometry to find the course that a rescue ship must take from port in order to reach the disabled ship.

  How many drivers must they have

A package delivery company has determined that they can meet their schedules if they have 4 drivers for every 30 square miles of area they cover. If they want to offer service to a county of 75 square miles, how many drivers must they have?

  How to verify a process is gaussian process mathematically

how to verify a process is gaussian process mathematically.

  In how many different ways can can the series be completed

In the World Series, one National League team and one American League team compete for the title, which is awarded to the first team to win four games. In how many different ways can can the series be completed?

  Linear algebra-vectors-inner product

Show that the functions x and x^2 are orthogonal in P5 with inner product defined by ( =sum from i=1 to n of p(xi)*q*(xi) ) where xi=(i-3)/2 for i=1,...,5.

  What percentage of the mexican population used the internet

where t is the number of years since 2004. The population of Mexico in 2008 was 109,955,400. What percentage of the Mexican population used the Internet in 2008?

  How high is the stone 6 seconds later

Given that the acceleration due to gravity is -32 ft/sec^2, how high is the stone 6 seconds later?

  Concept of inverse variation-vertical asymptote

Explain the concept of inverse variation. Provide two examples. What is the vertical asymptote for the function y = ( x^2 - 4) / ( x - 2 )?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd