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Floataway Tours has $420,000 that can be use to purchase new rental boats for hire during...

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Statistics

Floataway Tours has $420,000 that canbe use to purchase new rental boats for hire during the summer. Theboats can be purchased from two different manufacturers. FloatawayTours would like to purchase at least 50 boats and would like topurchase the same number from Sleekboat as from Racer to maintaingoodwill. At the same time,Floataway Tours wishes to have a totalseating capacity of at least 200.

Formulate this problem as a linearprogram.

       Maximum      Expected

    Boat          Builder      Cost     Seating      Daily Profit

Speedhawk  Sleekboat    $6000        3                  $ 70

Silverbird     Sleekboat    $7000        5                  $ 80

Catman         Racer           $5000        2                  $ 50

Classy           Racer           $9000        6                  $110

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