Quote (Biggieshotyou @ Jan 15 2014 10:55pm)
Alright so little update
I tried doing this myself and this is what i have so far.
Constraints: x+y<5
2x+y<7
Vertices on graph: (1,0) (3.5,0) (2,3) and (0,5)
I have the whole graph portion set up but the tutor i spoke with told me to "plug those into the profit equation" and i got my answer and im done..what does he/she mean?
So here's your graph:
http://fooplot.com/plot/llwfbb6l2h The optimal point occurs at one of the corners of the feasible region created by these two lines.
To solve the problem by hand, you must test each corner point to see which one generates the most profit.
Profit is represented as follows:
$5Bleeps + $4Peeps.
Or, in terms of x and y: 5x + 4y.
Plug in each set of ordered pairs ex. (1,2) and see which pair results in the highest value when it has been plugged in to the above function.