An electronics firm manufactures two types of personal computers; a standard model and a portable model. The production of a standard computer requires a capital expenditure of $400 and 40 hours of labor. The production of a portable computer requires a capital expenditure of $200 and 30 hours of labor. The firm has $20000 capital and 2160 labor-hours available for production of standard and portable computers. If each standard computer contributes a profit of $320 and each portable model contributes a profit of $220 how much of each type of computer, the company make to maximize the profit.
Solve the LP problem using graphical Method
Solution:
