A chemical manufacturing plant can produce units of chemical Z given units of chemical P and units of chemical R, where:
Chemical P costs $500 a unit and chemical R costs $2,500 a unit. The company wants to produce as many units of chemical Z as possible with a total budget of $250,000.
A) How many units each chemical (P and R) should be "purchased" to maximize production of chemical Z subject to the budgetary constraint?
Units of chemical P, =
Units of chemical R, =
B) What is the maximum number of units of chemical Z under the given budgetary conditions? (Round your answer to the nearest whole unit.)
Max production, = units
Chemical P costs $500 a unit and chemical R costs $2,500 a unit. The company wants to produce as many units of chemical Z as possible with a total budget of $250,000.
A) How many units each chemical (P and R) should be "purchased" to maximize production of chemical Z subject to the budgetary constraint?
Units of chemical P, =
Units of chemical R, =
B) What is the maximum number of units of chemical Z under the given budgetary conditions? (Round your answer to the nearest whole unit.)
Max production, = units
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