A photography shop owner displays two sizes of photo in his shop. Each photo A requires 720cm of display space and each Photo B requires 360cm of display space. The available display space cannot exceed 108,000cm . The shop owner buys each photo A for €6 and each photo B for €8. He does not need to spend more than €1200. (i) Taking x as the number of photo A and y as the number of photo B, write down two inequalities in x and y and illustrate these on graph paper. (8 marks)
(ii) During a promotion the selling price of photo A is €12 and of photo B is €10. Assuming that the shop owner can
I think (i) asks for the constraints?
ending of the second question that got cropped out ", How many of each type should he display in order to maximise his income? (4 marks)"
And I'm not quite sure still what finding the constraints means
What limits your linear program
So, the available display space cannot exceed 108000... so...
So 720x + 360y = 108,000
Yes, actually.
Or simplified as 2x + y < 300
No, wait... more like \[\huge 720x+360y \le108000\\ \\ \huge 2x+y\le300\]
As for the other one..."He does not need to spend more than 1200"
I'm still clueless as to how I'm going to finish this and write it on a graph, let alone do the second one
Just graph them as lines first... 2x + y = 300 and the other one, which I'm certain you're already got.
Pretty sure I'm suffering from my usual dose of the overcomplicating the whole thing, the 2x means that the slope will move down 1 x for every 2 "Y"s right?
Yeah, seems like it :)
Still haven't figured out the second one :p
Well, that's the problem, isn't it? :D Now, If you have graphed your two inequalities, at which point did they intersect? ^(honest question, I don't know, myself, so you have to tell me :) )
I'm currently mult-tasking my studying by also doing quadratic functions at the same time so I haven't graphed this just quite yet xD
take your time :)
Just so we're clear, I pick an arbitrary point between 0 - 150 and graph it like that, right?
|dw:1367211332556:dw|
Something like that?
Arbitrary points? I don't really know how you were taught to graph lines, but just graph them and solve for their point of intersection... and yeah, I guess it looks something like that...
Mainly self taught with little formal education in between.
Okay, so where do they intersect?
I don't know, I am ill-equipped with the knowledge of how to solve this.
Okay... at least give me the two lines that we're looking at (you've already given one of them) 2x + y = 300 what's the other one?
3x + 4y = 600
Okay, we have 2x + y = 300 3x + 4y = 600 Let's look at the first equation... 2x + y = 300 Try to solve for y (in terms of x)
y = - 2x + 300
?
Sorry... Now, using this value for y, replace y in the OTHER equation with this expression in terms of x.
y = - 0.75x + 150
No... In the first one, you got \[y =\color{red}{ -2x-300}\] what I want you to do is substitute this expression for y for the y in the OTHER equation. \[3x + 4\color{red}y=600\]
So 3x + 4(-2x - 300) = 600?
Yes. and now, solve for x.
3x - 8x - 1200 = 600 -5x = - 600 x = - 120?
= 600*
So.... x = ?
X = - 360
I suggest you do this again, from the beginning... and pay close attention to each step. 3x + 4(-2x - 300) = 600
Wait a minute, I made a typo O.o Anyway... \[\Large y = -2x \color{red}+300\]
Ah, so I was right when I made a blunder :p
It tends to happen. Now, let's do this more seriously, and without error, this time. Substitute, and solve for x, you get?
3x - 8x + 1200 = 600 3x - 8x = 600 - 1200 -5x = -600 x = 120
Okay, good. Now substitute this value for x into any one of the two equations you started with, and solve for y.
2(120) + y = 300 240 + y = 300 y = 60
Good. Now, in the case of these maximization problems, the optimal (maximum) solution would lie in one of the corners of your enclosed region. Obviously, (0 , 0) would be a corner of your enclosed region, but it isn't the maximum value. What are the other 3 corners?
(0 , 60) (120, 0) (120, 60) ?
(0,60) and (120,0) are wrong... but you got the right idea... zero out one of the variables and max out the other... Remember your two inequalities? \[2x+y \le 300\\ 3x+4y\le 600\]
Now, if we let x be zero, what results in the two inequalities for y?
y <= 300 y <= 150
Good. Now, pick the "less picky" of these two inequalities. What I mean is pick the one which, if satisfied, would also satisfy the other inequality.
300
...is a number, not an inequality.
y <= 300
Okay... is it true that if y <= 300 then automatically, y <=150 ?
Well 150 is less than 300 so it would 150 would be an inequality within 300.
Or am I viewing this completely wrong.
Yes or no. If y <= 300 does that already imply that y <= 150 ?
Yes.
Really? What about 200? 200 <= 300 but 200 <= 150 ?
Ah right, I was thinking more in terms of what would cover the most of the inequality.
No. You pick the inequality that would satisfy the other.
So, one of the corners, since we let x = 0 is (0 , 150) Now find the other one, by letting y = 0 instead.
\[2x+y \le 300\\ 3x+4y\le 600\]
150 < 300 200 < 300
Blergh
x < 150 x < 200
Okay, so which one of these do you choose?
x < 150 as it satisfies both itself and x < 200
Good. So your other corner point is...?
(0,0) ( 120, 60) ( 0, 150) (150 , 0)
Good. Now remember the function we were trying to maximize? The one where picture A sells for 12 and picture B sells for 10? Assuming all can be sold, what is the profit function \[\Large f(x,y) = ?\]
\[f(12, 10) = ?\]
What?
If the seller sells x units of picture A and y units of picture B How much does the seller make?
x + y = z
12x + 10y > 1200?
I'm not asking for an inequality, I'm asking for the function... f(x,y) = ?
The function that which we are trying to maximize. (the profit function)
Stuck? f(x,y) = 12x + 10y
Ah, I found myself wrapped in economic research notes looking for tthe profit function.
Don't overcomplicate things... this isn't a profit function, strictly speaking, in terms of economics, this is actually a revenue function... ANYWAY Now, all you have to do is test out your four corner points, see which one gives you the biggest value.
...for f(x,y)
I gotta rush, but Ive got it, I've rached the part of the textbook that looks simple.
Join our real-time social learning platform and learn together with your friends!