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CREATORS: EMILY ANDERSON & BRANDON MARTINEZ

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Presentation on theme: "CREATORS: EMILY ANDERSON & BRANDON MARTINEZ"— Presentation transcript:

1 CREATORS: EMILY ANDERSON & BRANDON MARTINEZ
WIDGETS AND GADGETS CREATORS: EMILY ANDERSON & BRANDON MARTINEZ

2 Objective: To maximize profits for the Widget and Gadget Company VARIABLES Widgets= (x) Gadgets= (y)

3 CONSTRAINTS X > 500 Y > 700 Production Constraints: X < 1200
Packaging Constraints: X + Y < Y < X

4 Graph! Important points : (900,1400), (1200,1100)

5 Objective Function Profit P(X)= .40x + .50y Work:
.40(900) + .50(1400)= 1060 .40(1200) + .50(1100)= 1030 Maximum profit!

6 Summary To maximize profit for the Widget and Gadget Company. You start by figuring out the variables and creating a graph to show the area in which the maximum profit exists(P(X)= .40x + .50y) is the objective function to find the highest profit which is (.40(900) + .50(1400)= 1060). $ is the companies highest profit.


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