$A$ manufacturer produces two models of bikes: Model $X$ and Model $Y$. Model $X$ takes $6$ man-hours to make per unit,while Model $Y$ takes $10$ man-hours per unit. There is a total of $450$ man-hours available per week. Handling and marketing costs are $Rs. 2000$ and $Rs. 1000$ per unit for Models $X$ and $Y$ respectively. The total funds available for these purposes are $Rs. 80,000$ per week. Profits per unit for Models $X$ and $Y$ are $Rs. 1000$ and $Rs. 500$ respectively. How many bikes of each model should the manufacturer produce so as to yield a maximum profit? Find the maximum profit.

Vedclass pdf generator app on play store
Vedclass iOS app on app store
(A) Let the manufacturer produce $x$ number of Model $X$ bikes and $y$ number of Model $Y$ bikes.
Model $X$ takes $6$ man-hours and Model $Y$ takes $10$ man-hours per unit. Total man-hours available per week is $450$.
$\therefore 6x + 10y \leq 450 \Rightarrow 3x + 5y \leq 225$
Handling and marketing costs are $Rs. 2000$ and $Rs. 1000$ per unit respectively,with total funds of $Rs. 80,000$ per week.
$\therefore 2000x + 1000y \leq 80000 \Rightarrow 2x + y \leq 80$
Also,$x \geq 0, y \geq 0$.
We need to maximize the profit function $Z = 1000x + 500y$ subject to the constraints:
$3x + 5y \leq 225$
$2x + y \leq 80$
$x \geq 0, y \geq 0$
The feasible region is determined by the corner points $(0,0), (40,0), (25,30),$ and $(0,45)$.
Corner PointsValue of $Z = 1000x + 500y$
$(0,0)$$0$
$(40,0)$$1000(40) + 500(0) = 40000$
$(25,30)$$1000(25) + 500(30) = 25000 + 15000 = 40000$
$(0,45)$$1000(0) + 500(45) = 22500$

The maximum profit is $Rs. 40,000$. This occurs at any point on the line segment joining $(40,0)$ and $(25,30)$. Thus,the manufacturer can produce $40$ units of Model $X$ and $0$ units of Model $Y$,or $25$ units of Model $X$ and $30$ units of Model $Y$ to achieve the maximum profit.

Explore More

Similar Questions

The $L$.$P$.$P$. to maximize $Z = x + y$,subject to $x + y \leq 1$,$2x + 2y \geq 6$,$x \geq 0$,$y \geq 0$ has

The minimum value of $Z = 3x + y$, subject to the constraints $2x + 3y \leq 6$, $x + y \geq 1$, $x \geq 0$, and $y \geq 0$ is:

The shaded area in the figure given below is a solution set of a system of inequations. The minimum value of the objective function $Z = 3x + 5y$,subject to the linear constraints given by this system of inequations,is:

The solution set of the constraints $2x + 3y \leq 6$,$x + 4y \leq 4$,$x \geq 0$,and $y \geq 0$ includes the point $\ldots$ as a corner point.

$A$ cooperative society of farmers has $50$ hectares of land to grow two crops $X$ and $Y$. The profit from crops $X$ and $Y$ per hectare are estimated as Rs $10,500$ and Rs $9,000$ respectively. To control weeds,a liquid herbicide has to be used for crops $X$ and $Y$ at rates of $20$ litres and $10$ litres per hectare. Further,no more than $800$ litres of herbicide should be used in order to protect fish and wildlife using a pond which collects drainage from this land. How much land should be allocated to each crop so as to maximise the total profit of the society?

Difficult
View Solution

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo