Solution: If M model X sets are produced, N model 80-x sets are produced.
1. 1x+0.6(80-x)≤70( 1)
0.4x+0.9(80-x)≤52(2)
By (1)
1. 1x+48-0.6x≤70
0.5x≤22
x≤44
By (2)
0.4x+72-0.9x≤52
0.5x≥20
x≥40
therefore
40≤x≤44
Profit y = 50x+45 (80-x) = 50x+3600-45x = 3600-5x.
For this linear function, the smaller x is, the larger y is.
When x=40
The maximum profit Y=3600-5×40=3600-200=3400 yuan.