Assume that you have been asked to look into purchasing some storage tanks for your company, and for the purchase of these tanks, you are given a budget of $1680. After some research, you find two tank manufacturers that meet your requirements. From Manufacturer A, you can purchase 16-m3-capacity tanks that cost $120 each. Moreover, the type of tank requires a floor space of 7.5 m2. Manufacturer B makes 24-m3-capacity tanks that cost $240 each and that require a floor space of 10 m2. The tanks will be placed in a section of a lab that has 90 m2 of floor space available for storage. You are looking for the greatest storage capacity within the budgetary and floor-space limitations. How many of each tank must you purchase?

First, we need to define the objective function, We want to maximize the storage capacity, We can…

Answered: Assume that you have been asked to look…

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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Assume that you have been asked to look into purchasing some storage tanks for your company, and for the purchase of these tanks, you are given a budget of $1680. After some research, you find two tank manufacturers that meet your requirements. From Manufacturer A, you can purchase 16-m³-capacity tanks that cost $120 each. Moreover, the type of tank requires a floor space of 7.5 m². Manufacturer B makes 24-m³-capacity tanks that cost $240 each and that require a floor space of 10 m². The tanks will be placed in a section of a lab that has 90 m² of floor space available for storage. You are looking for the greatest storage capacity within the budgetary and floor-space limitations. How many of each tank must you purchase?

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