MaximizingtheProfitofaBusiness

Math1010IntermediateProject
SulianaFauonuku

Yourgroupownsacompanythatmanufacturestwoitems:desksandbookcases.
Eachitemrequiresprocessingtimetoeachoftwodepartmentstobecompleted.Each
week,departmentAhas48hoursavailableanddepartmentBhas40hoursavailable
forproduction.Adeskrequires2hoursindepartmentAand4hoursindepartmentB.A
bookcaserequires3hoursindepartmentAand2hoursindepartmentB.
Yourcompanysprofitonadeskis$37,whileprofitonabookcaseis$23.Your
companyhasmoreordersthanitcanfill,soeverydeskandbookcasethatisbuiltwill
besold.However,yourcompanywantstomakethemostmoneypossiblesoyouwant
tobesmartaboutthenumberofeachitemyoubuild.Howmanydesksandbookcases
shouldbebuilttomaximizeprofits?

Let
x
bethenumberofdesksand
y
bethenumberofbookcases.

1. WritedownalinearinequalityforthehoursusedinDepartmentAtobuild
x
desksand
y
bookcases.

y2/3x+16

2x+3y48

2. WritedownalinearinequalityforthehoursusedinDepartmentBtobuild
x
desksand
y
bookcases.

y2x+20

4x+2y40

Therearetwootherlinearinequalitiesthatmustbemet.Theserelatetothefactthatthe
manufacturercannotproducenegativenumbersofitems.Theseinequalitiesareas
follows:

x0
y0


3. Next,writedowntheprofitfunctionforthesaleof
x
desksand
y
bookcases:

P
=37x+23y

Younowhavefourlinearinequalitiesandaprofitfunction.THesetogetherdescribethe
manufacturingsituation.Thesetogethermakeupwhatisknownmathematicallyasa
linearprogramming
problem.Writealloftheinequalitiesandtheprofitfunction
togetherbelowwiththeprofitfunctionlast.Makesureyouwritethelinearinequalities
from
parts1and2abovein
slopeinterceptform
.

1. x0
2. y0
3. y2/3x+16
4. y2x+20
5. P
=37x+23y

4. Tosolvethisproblem,youwillneedtographtheintersectionofallfour
inequalitiesononecommon
x,y
plane.Havethebottomleftbetheorigin,
withthehorizontalaxisrepresenting
x
andtheverticalaxisrepresenting
y
.

https://www.desmos.com/calculator/zzip79xiyu

5. Theaboveshapeshouldhave4corners.Findthecoordinatesofthe
orderedpairsthatmakeupthesecorners.Fortheintersectionofthetwo
slantedlinesyouwillhavetosolve2x2systemmadeupoftheirequations.
(Showtheworkneededtosolvethe2x2system.)

Thefourcornersareaslisted:(0,0),(10,0),(0,16),(3,14)

y2x+16
(y2/3x+20)

1.3x4
x3

2(2x+3y48)
4x+2y40

4y56
y14

6. Thelastthingtodoisplugeachofthepointsyoufoundinpart5intothe
profitfunctiontodeterminewhichorderedpairgivesthemaximumprofit.
Onceyouhavefoundtheorderedpairthatgivesthemaximumprofit,w
rite
asentencestatinghowmanyofeachtypeoffurnitureyoushouldbuildand
whatthemaximumprofitisforyourcompany.

P(0,0)=37(0)+23(0)=0

P(10,0)=37(10)+23(0)=370

*P(0,16)=37(0)+23(16)=368

*P(3,14)=37(3)+23(14)=433

Inordertoobtainthemaximumprofitof
$433.00
,thecompanyshouldproduce
3
desksand
14
bookcases.