A television set manufacturing firm has to decide on the mix of color and black-and-white TVs to be produced. A market research indicates that, at most, 2000 units and 4000 units of color and black-and-white TVs can be sold per month. The maximum number of man-hours available is 60,000 per month. A color TV requires 20 man-hours and a black-and-white TV requires 15 man-hours to manufacture. The unit profits of the color and black-and-white TVs are $60 and $30, respectively. It is desired to find the number of units of each TV type that the firm must produce in order to maximize its profit. Formulate the problem as a linear program.

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Answer:

Objective Function,  [tex]Max P =60c+30b[/tex]

Subject to the Constraints

[tex]0<c\leq 2000[/tex]

[tex]0<b\leq 4000[/tex]

[tex]20c+15b\leq 60000[/tex]

Step-by-step explanation:

Let the number of black t.v. produced =b

Let the number of colored t.v. produced =c

at most, 2000 units of color t.v. can be sold i.e. [tex]c\leq 2000[/tex]

at most 4000 units of black-and-white TVs can be sold i.e. [tex]b\leq 4000[/tex]

Total man hours per product = Number of Units X Man Hour Per Unit

A color TV requires 20 man-hours  = 20c

A black-and-white TV requires 15 man-hours =15b

Since Maximum number of man Hours is 60000 hours

[tex]20c+15b\leq 60000[/tex]

The unit profits of the color TV is $60, therefore total profit =60c

The unit profits of the black-and-white TVs $30, respectively, therefore total profit =30b

Since we are to maximize profit, the Objective Function, [tex]Max P =60c+30b[/tex]

For maximum profit, the equation is 60x + 30y.

Linear system

It is a system of an equation in which the highest power of the variable is always 1. A one-dimension figure that has no width. It is a combination of infinite points side by side.

Given

A market research indicates that, at most, 2000 units and 4000 units of color and black-and-white TVs can be sold per month.

The maximum number of man-hours available is 60,000 per month. A color TV requires 20 man-hours and a black-and-white TV requires 15 man-hours to manufacture.

To find

The number of units of each TV type that the firm must produce in order to maximize its profit,

How to calculate profit?

Let x be a color TV

And y be the Black-white TV.

The maximum number of man-hours available is 60,000 per month. A color TV requires 20 man-hours and a black-and-white TV requires 15 man-hours to manufacture.

20x + 15y = 60000

For maximum profit

The unit profits of the color and black-and-white TVs are $60 and $30, then

P(max) = 60x + 30y

Thus for maximum profit, the equation is 60x + 30y.

More about the linear system link is given below.

https://brainly.com/question/20379472