
Mark M. answered 07/03/20
Test Prep Expert Wants to Make You a Better Person
Let: P= Total profit, S= Total sets
A= number of sets of Model A
B= number of sets of Model B
Goal: Maximize: P(A,B) = 60A + 40B
Constraints:
A + B <= 60
30 <= A <= 60
20 <= B <= 30
While plotting A vs. B on a graph is acceptable, I would generate vertices (A,B) directly from the constraints.
Using the theory that the optimal solution in goal programming lies along an edge between 2 vertices (and typically at the vertices), we can deduce:
A=30 --> B=30 (30,30)
note: Any A>30 does not yield an acceptable value of B
B=20 --> A=40 (40,20)
B=30 --> A=30 (same as above)
So the solution lies along the edge (40,20), (30,30)
Plug these values into the profit function (which is to be maximized) P= 60A + 40B
(40,20) --> P = 60(40) + 40(20) = 3200
(30,30) --> P = 60(30) + 40(30) = 3000
Therefore profit is optimized when A = 40 sets and B = 20 sets