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Mathematics, 14.02.2020 05:29 heartprague

Suppose you are in the business of manufacturing white board markers. You make two types: Standard and Heavy Duty. You sell these to wholesalers for $10/box of 10 for Standard Markers and $15/box of 10 for Heavy Duty markers. Each standard marker is made up of 3 oz. of plastic and 1 fl. Oz. of marker fluid. Each Standard Marker is made up of 5 oz. of plastic and 1.5 fl. oz of marker fluid. Plastic costs $1/lb and marker fluid costs $5/gal. Each marker takes 30 seconds to manufacture by machine, but the machine can manufacture up to 10 at one time. Machine time costs $60/hr.

Set up the profit function for each type of marker, using dimensional analysis as you would have to do for a linear program objective function where you wanted to maximize profit.

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