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Mathematics, 18.03.2021 02:10 chantelljenkins2

Suppose a shoe factory produces both low-grade and high-grade shoes. The factory produces at least twice as many low-grade as high-grade shoes. The maximum possible production is 500 pairs of shoes. A dealer calls for delivery of at least 100 high-grade pairs of shoes per day. Suppose the operation makes a profit of Birr 2.00 per a pair of shoes on high-grade shoes and Birr 1.00 per pairs of shoes on low-grade shoes. How many pairs of shoes of each type should be produced for maximum profit?

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