Medical expenses are deducted on schedule A - which is required to be over 7.5% of AGI
Answer:
y = - x + 2
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Here m = - 1, thus
y = - x + c ← is the partial equation
To find c substitute (2, 0) into the partial equation
0 = - 2 + c ⇒ c = 0 + 2 = 2
y = - x + 2 ← equation of line
Answer:
The combination that gives the most profit is 12 VIP rings and 12 SST rings (900 $/day).
Step-by-step explanation:
This is a linear programming problem.
The objective function is profit R, which has to be maximized.
being V: number of VIP rings produced, and S: number of SST rings produced.
The restrictions are
- Amount of rings (less or equal than 24 a day):
- Amount of man-hours (up to 60 man-hours per day):
- The number of rings of each type is a positive integer:
This restrictions can be graphed and then limit the feasible region. The graph is attached.
We get 3 points, in which 2 of the restrictions are saturated. In one of these three points lies the combination of V and S that maximizes profit.
The points and the values for the profit function in that point are:
Point 1: V=0 and S=24.
Point 2: V=12 and S=12
Point 3: V=20 and S=0
The combination that gives the most profit is 12 VIP rings and 12 SST rings (900 $/day).