A company produces two types of hats. Each hat of the first type requires twice as much labour as the second type. If all hats are of the second type only, the company can produce a total of 500 hats a day. The market limits the daily sales of the first and second type as 150 and 250 hats. Assuming that the profits per hat are rs. 8/- for first type and rs. 5/- for second type, formulate the problem as a lp it order to determine the maximize profit.
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Answer:
Step-by-step explanation:
max z = 8x1 + 5x2
subject to constraints :
2x1 + x2 >= 500
x1 >= 150
x2 >= 250
x1, x2 >= 0
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