Steinmetz furniture buys 2 products for resale: big shelves (B) and medium shelv
ID: 2901012 • Letter: S
Question
Steinmetz furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $100 and requires 100 cubic feet of storage space, and each medium shelf costs $50 and requires 80 cubic feet of storage space. The company has $25000 to invest in shelves this week, and the warehouse has 18000 cubic feet available for storage. Profit for each big shelf is $85 and for each medium shelf is $75. What is the objective function?
Max Z = 75B + 85M
Max Z = 85B + 75M
100B + 50M ? 25000
100B + 50M ? 25000
100B + 80M ? 18000
100B + 80M ? 18000
Explanation / Answer
he company has only $25000 to invest so the total cost they can afford is $25000
cost for big shelves is 100B where B is number of Big shelves and 100 is cost of each big shelve
similarly cost for medium shelves is M*50 where M is number of medium shelves and 50 is cost of each medium shelve
now total cost is = 100B+50M <= total investment they can afford
So, 100B+50M < = 25000
similarly for the space
space for big = 100*B where here 100 is space for each big shelve
space for medium = 80*M where here 80 is space for each medium shelve
total space is = 100*B+80*M <= total space they can provide
100*B+80*M <= 18000
similarly profit= maxZ= profit for BIG+ profit for Medium
=85B+75M
maxZ = 85B+75M
so option B and C and E are correct
Option E is 100*B+80*M <= 18000
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