Suppose ashos factory produces both low grade and high grade shoes.the factory produces at least twice as many low grade as high grade shoes .the maximum possible production is 500 pairs of shoes.adealer calls for delivery of at least 100 high grade pairs of shoes per day.suppose the operation makes aprofit of birr 2 per apair of shoes on high grade shoes and birr 1per apair of shoes on low grade shoes.how many pairs of shoes of each type of should be produced for maximum profit

Answer 1

For maximum profit, the factory should produce 200 pairs of high grade shoes and 300 pairs of low grade shoes. This would result in a total profit of Birr 500 (200 x Birr 2 + 300 x Birr 1).