an electronics company assembles two types of tvs: plasma and lcd. a plasma tv costs $400 to assemble and…

an electronics company assembles two types of tvs: plasma and lcd. a plasma tv costs $400 to assemble and takes 30 hours of labor. the lcd tv costs $250 and requires 30 hours of labor. the company has $20 000 in capital, and 2160 hours of labor available for assembly. what is the maximum number of tvs the electronics company can assemble?

an electronics company assembles two types of tvs: plasma and lcd. a plasma tv costs $400 to assemble and takes 30 hours of labor. the lcd tv costs $250 and requires 30 hours of labor. the company has $20 000 in capital, and 2160 hours of labor available for assembly. what is the maximum number of tvs the electronics company can assemble?

Answer

Explanation:

Step1: Define variables

Let $x$ be the number of plasma - TVs and $y$ be the number of LCD - TVs. The cost constraint is $400x + 250y\leq20000$, which simplifies to $8x + 5y\leq400$. The labor - hour constraint is $30x+40y\leq2160$, which simplifies to $3x + 4y\leq216$. Also, $x\geq0,y\geq0$ and $x,y$ are non - negative integers.

Step2: Express one variable from the cost equation

From $8x + 5y=400$, we get $y = 80-\frac{8}{5}x$. From $3x + 4y=216$, we get $y=\frac{216 - 3x}{4}$.

Step3: Solve the system of inequalities by finding the corner - points

First, consider the intersection of $8x + 5y=400$ and $3x + 4y=216$. Multiply the first equation by 4 and the second by 5: $32x+20y = 1600$ and $15x + 20y=1080$. Subtract the second equation from the first: $32x+20y-(15x + 20y)=1600 - 1080$. $32x+20y - 15x-20y=520$. $17x=520$, $x=\frac{520}{17}\approx30.59$. $y=\frac{216 - 3\times\frac{520}{17}}{4}=\frac{216\times17- 1560}{68}=\frac{3672-1560}{68}=\frac{2112}{68}\approx31.06$. Intersection of $8x + 5y = 400$ with $x = 0$ gives $y = 80$ (but this may not satisfy the labor - hour constraint). Intersection of $8x + 5y = 400$ with $y = 0$ gives $x = 50$. Intersection of $3x + 4y=216$ with $x = 0$ gives $y = 54$. Intersection of $3x + 4y=216$ with $y = 0$ gives $x = 72$. We also need to check non - negative integer solutions. From $8x + 5y\leq400$ and $3x + 4y\leq216$. Let's rewrite the inequalities as $y\leq80-\frac{8}{5}x$ and $y\leq\frac{216 - 3x}{4}$. We can test integer values of $x$. If $x = 0$, from the labor - hour constraint $y=\frac{216}{4}=54$ and from the cost constraint $y = 80$. So $y = 54$. If $x = 10$, then from the cost constraint $y=80 - 16 = 64$, from the labor - hour constraint $y=\frac{216-30}{4}=\frac{186}{4}=46.5$. So $y = 46$. If $x = 20$, then from the cost constraint $y=80 - 32 = 48$, from the labor - hour constraint $y=\frac{216 - 60}{4}=\frac{156}{4}=39$. If $x = 30$, then from the cost constraint $y=80 - 48 = 32$, from the labor - hour constraint $y=\frac{216 - 90}{4}=\frac{126}{4}=31.5$. So $y = 31$. If $x = 40$, then from the cost constraint $y=80 - 64 = 16$, from the labor - hour constraint $y=\frac{216 - 120}{4}=\frac{96}{4}=24$. If $x = 50$, then from the cost constraint $y=0$, and from the labor - hour constraint $y=\frac{216-150}{4}=\frac{66}{4}=16.5$. The total number of TVs $N=x + y$. We calculate $N$ for each valid pair $(x,y)$: For $(0,54)$, $N=54$. For $(10,46)$, $N=56$. For $(20,39)$, $N=59$. For $(30,31)$, $N=61$. For $(40,24)$, $N=64$. For $(50,0)$, $N=50$.

Answer:

64