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December 19, 2014

Homework Help: linear programming

Posted by nmh on Friday, July 8, 2011 at 2:52pm.

A company is planning to purchase and store two items, gadgets and widgets. Each gadget costs $2.00 and occupies 2 square meters of floor space; each widget costs $3.00 and occupies 1 square meter of floor space. $1,200 is available for purchasing these items and 800 square meters of floor space is available to store them. Each gadget contributes $3.00 to profit and each widget contributes $2.00 to profit.
Identify all constraints.
Identify all applicable corner points of the feasibility region.
What combination of gadgets and widgets produces maximum profit?

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