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A computer store sells two types of computers, desktops and laptops. The supplier demands that at least 150 computers be sold a month. In order to keep profits up, the number of desktops sold must be at least twice of laptops. The store pays its sales staff a $75 commission for each desk top, and a $50 commission for each lap top. How many of each type of computers must be sold to minimize commission to its sales people? What is the minimum commission?

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An oil company has two refineries. Each day, Refinery A produces 200 barrels of high-grade oil, 300 barrels of medium-grade oil, and 200 barrels of low-grade oil and costs $12,000 to operate. Each day, Refinery B produces 100 barrels of high-grade oil, 100 barrels of medium-grade oil, and 200 barrels of low-grade oil and costs $10,000 to operate. The company must produce at least 800 barrels of high-grade oil, 900 barrels of medium-grade oil, and 1,000 barrels of low-grade oil. How many days should each refinery be operated to meet the goals at a minimum cost?

Cost: C = 12 , 000 x + 10 , 000 y size 12{C="12","000"x+"10","000"y} {}

  1. 200 x + 100 y 800 high-grade oil size 12{"200"x+"100"y"800"" high-grade oil"} {}

  2. 300 x + 100 y 900 medium-grade oil size 12{"300"x+"100"y"900"" medium-grade oil"} {}

  3. 200 x + 200 y 1000 low-grade oil size 12{"200"x+"200"y"1000"" low-grade oil"} {}

    Refinery A should be operated for 3 days, while Refinery B should be operated for 2 days to keep a minimum cost of $56,000.

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A print shop at a community college in Cupertino, California, employs two different contractors to maintain its copying machines. The print shop needs to have 12 IBM, 18 Xerox, and 20 Canon copying machines serviced. Contractor A can repair 2 IBM, 1 Xerox, and 2 Canon machines at a cost of $800 per month, while Contractor B can repair 1 IBM, 3 Xerox, and 2 Canon machines at a cost of $1000 per month. How many months should each of the two contractors be employed to minimize the cost?

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Chapter review

Solve the following linear programming problems by the graphical method.

Mr. Shoemacher has $20,000 to invest in two types of mutual funds, Coleman High-yield Fund, and Coleman Equity Fund. The High-yield fund gives an annual yield of 12%, while the Equity fund earns 8%. Mr. Shoemacher would like to invest at least $3000 in the High-yield fund and at least $4000 in the Equity fund. How much money should he invest in each to maximize his annual yield, and what is the maximum yield?

(16000, 4000); $2240

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Dr. Lum teaches part-time at two different community colleges, Hilltop College and Serra College. Dr. Lum can teach up to 5 classes per semester. For every class taught by him at Hilltop College, he needs to spend 3 hours per week preparing lessons and grading papers, and for each class at Serra College, he must do 4 hours of work per week. He has determined that he cannot spend more than 18 hours per week preparing lessons and grading papers. If he earns $4,000 per class at Hilltop College and $5,000 per class at Serra College, how many classes should he teach at each college to maximize his income, and what will be his income?

(2, 3); $23,000

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Mr. Shamir employs two part-time typists, Inna and Jim for his typing needs. Inna charges $10 an hour and can type 6 pages an hour, while Jim charges $12 an hour and can type 8 pages per hour. Each typist must be employed at least 8 hours per week to keep them on the payroll. If Mr. Shamir has at least 208 pages to be typed, how many hours per week should he employ each student to minimize his typing costs, and what will be the total cost?

(8, 20); $320

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Source:  OpenStax, Applied finite mathematics. OpenStax CNX. Jul 16, 2011 Download for free at http://cnx.org/content/col10613/1.5
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