A dealer wishes to purchase a number of fans and sewing machines. He has only ₹5760 to invest and has space for at most 20 items. A fan costs him ₹360 and a sewing machine ₹240. He expects to sell a fan at a profit of ₹22 and a sewing machine at a profit of ₹18. Assuming that he can sell all the items that he buys, how should he invest his money to maximize the profit? Solve the graphically and find the maximum profit.
Let the number of fans bought be x and sewing machines bought be y.
∴According to the question,
360x + 240y,x + y
Maximize Z = 22x + 18y
The feasible region determined by 360x + 240y,x + y is given by
The corner points of the feasible region are A(0,0) , B(0,20),C(8,12) , D(16,0).The value of Z at corner points is
The maximum value of Z is 392 at point (8,12).
The dealer must buy 8 fans and 12 sewing machines to make the maximum profit.
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