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Producing x1 trucks and x2 planes requires x1 + 50x2 tons of steel, 40x1 + 1000x2 pounds

Chapter 1, Problem 1.6.62

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QUESTION:

Producing x1 trucks and x2 planes requires x1 + 50x2 tons of steel, 40x1 + 1000x2 pounds of rubber, and 2x1+50x2 months of labor. If the unit costs y1, y2, y3 are $700 per ton, $3 per pound, and $3000 per month, what are the values of one truck and one plane? Those are the components of A T y

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QUESTION:

Producing x1 trucks and x2 planes requires x1 + 50x2 tons of steel, 40x1 + 1000x2 pounds of rubber, and 2x1+50x2 months of labor. If the unit costs y1, y2, y3 are $700 per ton, $3 per pound, and $3000 per month, what are the values of one truck and one plane? Those are the components of A T y

ANSWER:

Step 1 of 4

Given that producing  trucks and  planes requires  tons of steel,  pounds of rubber, and  months of labor.

 Suppose the unit costs  are  per ton, $3 per pound and $3000 per month.

 We have to find the value of one truck and one plane.

 

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