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Problem A: A toy maker has enough wood to make 24 small toys or 6 large...

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Advance Math

Problem A: A toy maker has enough wood to make 24 small toys or6 large ones. In other words, the large toys require 4 times theamount of wood as the small toys. She has Time to make 16 of theSmall toys or 8 of the Large toys. The Small toys sell for $15each, while the Large toys bring $45 each. Find the combination ofSmall and Large toys that maximizes her Revenue dollars.

Let S= number of Small toys, L = number of Large toys, R =Revenue from sales, W = Wood used, and T = Time used.

1. Formulate the problem:

a. Explain in words what are your Decision Variables?

b. Formulate the Objective Function.

c. Formulate the Constraints.

2. Graph the constraints and show the Feasible Region.

b. Graph the Isorevenue line and show the solutionGraphically.

c. State the coordinates of all the Corners Points

d. Find the solution by Corner Point Solution method.

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