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To sell 300 notebooks and 120 pens quickly, a store decided to create two types of gift sets. one set is to include 2 notebooks and 1 pen, and the other will consist of 1 pen and 3 notebooks. the first set will be sold for $8, while the second will be sold for $11.50. it is unprofitable to sell more than 20 of any gift set. how many gift sets of each type must the store sell to obtain the biggest possible income?

Answer :

MRROYALGO

The store must sell 60 of each set each to obtain the biggest possible income

How to determine the number of each gift set?

The given parameters can be represented using the following table:

                        Set 1        Set 2     Available

Notebook         2                3         300

Pen                   1                  1          120

Selling price     8               11.5

Using the above data values, we have:

Objective function: Max P = 8x + 11.5y

Subject to:

2x + 3y ≤ 300

x + y ≤ 120

Next, we plot the graph of the above inequalities (see attachment)

From the attached graph, we have:

(x,y) = (60,60)

Hence, the store must sell 60 of each set each to obtain the biggest possible income


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