To solve the problem of maximizing profit for the company producing Turbo and Tornado leaf blowers, we need to set up the appropriate constraints and objective function.
Decision Variables
Let:
- \( x \) = number of Turbo models produced
- \( y \) = number of Tornado models produced
Objective Function
The profit for each model is as follows:
- Profit from Turbo = $32
- Profit from Tornado = $40
Thus, the total profit \( P \) can be expressed as: \[ P = 32x + 40y \]
Constraints
We have the following constraints:
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Production Constraint: The total production should be at least 740 units: \[ x + y \geq 740 \]
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Cost Constraint: The total production cost should not exceed $67,340: \[ 74x + 111y \leq 67,340 \]
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Non-negativity Constraints: \[ x \geq 0, \quad y \geq 0 \]
Now we use linear programming to solve this problem.
Step 1: Set Up the System of Equations
The problem can be solved using the corner-point method. We first solve for intersections of the constraint lines:
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From \( x + y = 740 \): \[ y = 740 - x \]
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From \( 74x + 111y = 67,340 \): \[ y = \frac{67,340 - 74x}{111} \]
Step 2: Find Intersection Points
Set the equations equal to each other to find \( x \): \[ 740 - x = \frac{67,340 - 74x}{111} \]
Multiplying the whole equation by 111 to clear the denominator: \[ 111(740 - x) = 67,340 - 74x \] \[ 82,740 - 111x = 67,340 - 74x \] Rearranging: \[ 82,740 - 67,340 = 111x - 74x \] \[ 15,400 = 37x \] \[ x = \frac{15,400}{37} \approx 416.22 \]
Substituting \( x \) back into either equation to find \( y \). Using \( y = 740 - x \): \[ y = 740 - 416.22 \approx 323.78 \]
Step 3: Evaluating Other Corner Points
We also need to check feasible corner points which include:
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\( x = 0 \): Then from \( x + y = 740 \) gives \( y = 740 \)
- Costs: \( 74(0) + 111(740) = 82,140 \) (not feasible)
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\( y = 0 \): Then from \( x + y = 740 \) gives \( x = 740 \)
- Costs: \( 74(740) + 111(0) = 54,760 \) (feasible)
Calculate Profits
Now let's evaluate profits at points:
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At \( (740, 0) \): \[ P = 32(740) + 40(0) = 23,680 \]
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At \( (x, y) \approx (416.22, 323.78) \): \[ P = 32(416.22) + 40(323.78) \approx 13,000 + 12,951 = 25,951 \]
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Check other bound points based on cost: where that constraint binds: Solve \( 74x + 111y = 67,340 \) for extremes \( y = 0 \): \[ x = \frac{67,340}{74} \approx 909.19 \]
Now evaluate boundaries as well.
Conclusion
Finally, compare scenario profits:
- \( (740, 0) = 23680 \)
- \( (0, 740) \)'s calculation pulls = infeasibility.
The maximum profit is thus at the variable-produced per feasibility constraint:
- Number of Turbo: Approximately \( x = 416 \)
- Number of Tornado: Approximately \( y = 324 \)
Final Solution
Thus, the answers are as follows:
- Maximum Profit: \( $25,951 \)
- Turbo models: \( 416 \)
- Tornado models: \( 324 \)
Reiterate realistically checking boundaries for potential optimization suggestions as this problem lives potentially at graphical output edges.