A bicycle manufacturer builds one-, three- and ten-speed models. The bicycles ne

Question

A bicycle manufacturer builds one-, three- and ten-speed models. The bicycles need both aluminum and steel. The company has available 43,640 units of steel and 33,540 units of aluminum. The one-, three-, and ten-speed models need, respectively, 12, 16 and 20 units of steel and 12, 9, and 15 units of aluminum. How many of each type of bicycle should be made in order to maximize profit if the company makes $6 per one-speed bike, S8 per three-speed, and $20 per ten-speed. What is the maximum possible profit? Type the number of each type of bicycle that should be made One-speed Three-speed Ten-speed: The maximum profit is s

Explanation / Answer

The software output for this problem is:

Hence,

One speed = 0

Three speed = 0

Ten speed = 2182

Maximum profit = $ 43640

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