Q.
A manufacturing company makes two types of television sets; one is black and white and the other is colour. The company has resources to make atmost 300 sets per week. It takes ₹ 1800 to make a black and white set and ₹ 2700 to make a coloured set. The company can spend not more than ₹ 648000 per week to make television sets. If it makes a profit of ₹510 per black and white set and ₹ 675 per coloured set, how many sets of each type should be produced, so that the company has maximum profit?
Let x and y denote, respectively, the number of black and white sets and coloured sets made each week. Thus, x≥0,y≥0
Since, the company can make atmost 300 sets a week, therefore, x+y≤300
Weekly cost (in ₹) of manufacturing the set is 1800x+2700y
and the company can spend upto ₹648000. Therefore, 1800x+2700y≤648000, i.e., or 2x+3y≤720
The total profit on x black and white sets and y colour sets is ₹(510x+675y). Let Z=510x+675y. This is the objective function.
Thus, the mathematical formulation of the problem is
Maximise Z=510x+675y
The feasible region OABC is shown in the figure.
Since, the feasible region is bounded, therefore maximum of Z must occur at the corner point of OABC.
Corner point
Value of Z
O(0,0)
510(0)+675(0)=0
A(300,0)
510(300)+675(0)=153000
B(180,120)
510(180)+675(120)=172800← Maximum
C(0,240)
510(0)+675(240)=162000
Thus, maximum Z is 172800 at the point (180,120), i.e., the company should produce 180 black and white television sets and 120 coloured television sets to get maximum profit.