A future company manufactures two types of chairs: Basic Chairs and Luxury Chairs.
|
Calculate the maximum profit. |
12,000 10,000 8,000 15,000 |
15,000 |
The correct answer is Option (4) → 15,000 Let
Objective Function (to maximize profit):Z = 300x + 200y Subject to constraints:
∴ Optimal production → 50 basic chair only and 0 luxury chair. $Z_{max}=Z(50,0)$ Maximize Z=300x+200y Z=300×50+200×0 $=15,000$ |