In Exercises, set up and solve the standard maximization problem using the simplex method.
Battery Sales Repeat Exercise, except maximize profit. Assume that her only cost is the cost of the batteries. What is her maximum profit?
Battery Sales AAA Alkaline Discount Batteries sells low-cost batteries to consumers. In August 2002, the company offered AA batteries at the following prices: 50-pack for $10.00, 100-pack for $18.00, and 600-pack for $96.00. (Source: www.aaaalkalinediscountbaUeries .com.) An electronics store owner wants to buy at most 1000 batteries and spend at most $175. She expects that she’ll be able to resell all of the batteries she orders for $4.00 per 4-pack. How many packs (50-packs, 100-packs, or 600-packs) should she order if she wants to maximize her revenue? What is her maximum revenue?
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