A company produces two types of goods, A and B, that require gold and silver. Each unit of type A requires 3 g of silver and 1 g of gold while that of B requires 1 g of silver and 2 g of gold. The company can use atmost 9 g of silver and 8 g of gold. If each unit of type A brings a profit of Rs 40 and that of type B Rs 50, find the number of units of each type that the company should produce to maximize the profit. Formulate and solve graphically the LPP and find the maximum profit.
Lets x and y number of units of type A and B goods are produced To maximize : subject to constraints :
Corner points value of Z(in Rs)
O(0,0) 0
A(3,0) 120
B(2,3) 230 Maximum
C(0,4) 200
so maximum profit of 230 Rs is obtained when 2 & 3 units of Type A and Type B goods are made, resp.