Given This Problem: Maximize $Z = \$ .30 x + \$ .90 y$

question 85

Essay

Given this problem: Maximize $Z = \$ .30 x + \$ .90 y$

$$\begin{array} { l } \text{Subject to:}&2 \mathrm { x } + 3.2 \mathrm { y } \leq 160 \\&4 \mathrm { x } + 2.0 \mathrm { y } \leq 240 \\\mathrm { y } \leq 40\end{array}$$ (A) Solve for the quantities of x and y which will maximize Z.
(B) What is the maximum value of Z?

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Definitions:

Month Ended

Refers to the closing of the accounting period, usually the last day of the month, where businesses summarize financial activities.

Unearned Revenue Account

Refers to money received by a company for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet.

Debit Balance

An accounting term indicating that a particular account has more debits than credits, often referring to an account's overall debt or expenditure.

Credit Balance

In accounting, it refers to the balance on the right side of a ledger account, indicating the amount that a company owes or liabilities.