Snookers Lumber can convert logs into either lumber or plywood. In a given day, the mill turns out twice as many units of plywood as lumber. It makes a profit of $30 on a unit of lumber and $40 on a unit of plywood. How many of each unit must be produced and sold in order to make a profit of $11,440?
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OpenStudy (anonymous):
my algebra checkpoint.
OpenStudy (anonymous):
Okay lets do this
OpenStudy (anonymous):
So first we let :
Let # of lumber units = "M"
Let # of plywood units = "P"
OpenStudy (anonymous):
right
OpenStudy (anonymous):
P = 3L correct?
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OpenStudy (anonymous):
Now we have to write, a quantity equation
OpenStudy (anonymous):
thats almost right
OpenStudy (anonymous):
what was the ratio again? 2:1
OpenStudy (anonymous):
so, it should be: p = 2m
OpenStudy (anonymous):
what does the m stand for?
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OpenStudy (anonymous):
check my above post
OpenStudy (anonymous):
do you see it?
OpenStudy (anonymous):
ah okay
OpenStudy (anonymous):
Now, we right a value equation or an equation that relates the amount of dollars or money involved
OpenStudy (anonymous):
basically what each item represent
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OpenStudy (anonymous):
25 L and 50 P
OpenStudy (anonymous):
i was thinking something more like this
OpenStudy (anonymous):
40p + (30)2m = 11,440 dollars
OpenStudy (anonymous):
remeber that the plywood is 40 dollars per unit and the lumber is 30 dollars a unit
OpenStudy (anonymous):
and what we are trying to obtain is 11400 dollars
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OpenStudy (anonymous):
right
OpenStudy (anonymous):
now using our quantity equation, we substitute p=2m into our value equation
OpenStudy (anonymous):
now we end up with: 40(2m) + 30*m = 11440
OpenStudy (anonymous):
now all you have to do is evaluate that. Why dont you try doing that and tell me what you come up with, if you have any questions ask. Do it step by step
OpenStudy (anonymous):
You had a 2 m in your previous equation. Might want to point out that you dropped that to avoid confusion.
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OpenStudy (anonymous):
Is that an exponent after the m?
OpenStudy (anonymous):
no, multiplication sign
OpenStudy (anonymous):
it like a variable, it is just 30m
OpenStudy (anonymous):
okay, sorry don't have my "cheaters" on
OpenStudy (anonymous):
what?
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OpenStudy (anonymous):
I don't think this is right. I have 80m + 30m = 11,440. That can't be right.
OpenStudy (anonymous):
thats right
OpenStudy (anonymous):
My "cheaters" are reading glasses...LOL
OpenStudy (anonymous):
your picture is deceiving :)
OpenStudy (anonymous):
I only wear glasses for tiny print.
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OpenStudy (anonymous):
so you have, 110m=11440 right?
OpenStudy (anonymous):
right...
OpenStudy (anonymous):
okay so solve for m
OpenStudy (anonymous):
104
OpenStudy (anonymous):
thats right
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OpenStudy (anonymous):
so lumber would be 104
OpenStudy (anonymous):
now what did "m" represent?
OpenStudy (anonymous):
right
OpenStudy (anonymous):
now how do we solve for p (plywood)?
OpenStudy (anonymous):
m = lumber
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OpenStudy (anonymous):
3 x 104
OpenStudy (anonymous):
312?
OpenStudy (anonymous):
remeber our quantity equation was p=2m, not p=2m
OpenStudy (anonymous):
2 x 104?
OpenStudy (anonymous):
208
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OpenStudy (anonymous):
correct
OpenStudy (anonymous):
yes exactly, so when we produce 208 units of ply wood and 104 units of lumber we achieve a profit of 11440