The maximum revenue of the craftsman is an illustration of objective function
The craftsman can at most make $500, if he makes 100 bracelets
How to determine the maximum revenue?
Represent bracelet with b and necklace with n.
From the question, we have:
b n Total
Unit 10 20 1000
Time 10 40 1600
Cost 5 7.5
So, we have the objective function to be:
Max C = 5b + 7.5n
And the constraints are:
10b + 20n ≤ 1000
10b + 40n ≤ 1600
b ≥ 0
n ≥ 0
From the given graph of the constraints, we have the following feasible points
(b,n) = (0,0) (40,30) (0,50) and (100,0)
Substitute these values in the objective function
C(0,0) = 5(0) + 7.5(0) = 0
C(40,30) = 5(40) + 7.5(30) = 425
C(0,50) = 5(0) + 7.5(50) = 375
C(100,0) = 5(100) + 7.5(0) = 500
The maximum revenue is at the point (100,0)
Hence, the craftsman can at most make $500, if he makes 100 bracelets
Read more about objective functions at:
https://brainly.com/question/16826001
