A florist designs two high-profit arrangements— a funeral wreath and a bridal centerpiece. The company’s employees can complete up to 18 arrangements each day using up to 24 total person-hours of labor. It takes 4 person-hours to complete 1 funeral wreath, and 1 person-hour to complete 1 bridal centerpiece. How many of each type of arrangements should the florist produce daily for maximum profit, if the profit on a funeral wreath is $75and the profit on a bridal centerpiece is $40?
Answers
Solution :
Given
P = 75 x + 40 y
The constraints are
[tex]$x+y \leq 18$[/tex] .........(i) and
[tex]$4x+y \leq 24$[/tex] .......(ii)
Solving (i) and (ii), we get
x = 2 and y = 16
Now
[tex]$x+y \leq 18$[/tex] (total arrangement less than equal to 18)
[tex]$4x+y \leq 24$[/tex] (total person hours less than equal to 24)
Maximum profit = 75 (2) + 40(16)
= 790
From the graph, the point of intersection and points that is plotted in between numbers between the 10 units on x-axis and y-axis are used in the graph.
So,
[tex]$x+y \leq 18$[/tex] became [tex]$x+y \geq 18$[/tex]
[tex]$4x+y \leq 24$[/tex] became [tex]$4x+y \geq 24$[/tex]
[tex]$x \geq 0$[/tex] became [tex]$x \leq 0$[/tex]
[tex]$y \geq 0$[/tex] became [tex]$y \leq 0$[/tex]
So now the profit at point (0, 18) = 75(0)+40(18) = 720
Profit at point (6,0) = 75(6)+40(0) = 450
Profit at intersection point (2,16) = 75(2)+40(16)
= 150 + 640
= 790
Maximum profit = 790
So maximum profit is attained when 2 wreath are built and sold and 18 center pieces are built and sold.
Related Questions
What is an advantage of an adjustable-rate mortgage?
Answers
A variable lower rate structure and early payments during the loan term are two benefits of adjustable-rate mortgages.
What is mortgage?
A mortgage is an arrangement that grants the right to seize property between a borrower and a lender. Interest is added to any borrowed money that is not repaid by the borrower.
There are various types of mortgage are adjustable-rate mortgages, government-insured mortgages, conventional mortgages, fixed-rate mortgages and jumbo mortgages.
As payment for taking on the interest rate risk, an adjustable rate mortgage often has a lower beginning rate than a fixed-rate mortgage.
Hence, the significance of the mortgage is aforementioned.
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Determine the profit maximizing price and quantity of resources in factor markets under perfect and imperfect competition by use of marginal analysis.
Answers
The demand for resources is derived from the demand for products and services, since most resources in their native form have little benefit. Businesses buy resources from households, who are the direct or indirect owners of land, labor, capital, and entrepreneurial resources, to produce the products and services that society desires. This is part of the circular flow model where businesses supply products that households demand and where businesses demand resources that households supply
Resource demand depends on the productivity of the resource in creating the good and also on the market value of the good produced. The production function relates the quantity of inputs used to produce a good to the quantity of output of that good.
Output Quantity
Production Function = ÷
Input Quantity
Graph of the production function, showing the relationship of the quantity of product output over the quantity of resource input.
However, for a firm with fixed assets, the production function increases more slowly as the quantity of inputs increases.
Marginal product (MP) is the additional output that results when using an additional resource unit.
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When variable resources are applied to fixed resources or fixed assets, the marginal product diminishes as more additional resources are added, which is called, naturally enough, the principle of diminishing marginal product.
list three ways you can find jobs in the hidden job market
Answers
Answer:
get active on social media use flex jobs and go to conferences
Answer:
networking, direct contact, and research.
Explanation:
edge 2021 ;)
黑。Will someone help me come up with a name for my product?
I’m having a hard time coming up with a name for my cinnamon body scrub. I don’t want the name to be “Cinnamon Body Scrub.” Anyone have an suggestions or ideas?
請和謝謝你！
Answers
Cinnamon Scrub is a fine name
3.
Kriti provided the following information.
$
13 400 debit
120 credit
21 600
At 1 January 2014
Trade receivables balances
Inventory
For the year ended
31 December 2014
Cash sales
Credit sales
Bad debts written off
Receipts from credit customers
Discount allowed to credit customers
Contra with supplier's account
Cheque refund to a credit customer
44 400
165 600
2 800
155 010
4 560
1 300
90
At 1 January 2015 Trade receivables balances
7 debit
200 credit
28 800
Inventory
Mark up on goods sold 50%.
REQUIRED
(a) Calculate Kriti's purchases for the year.
***
Answers
Answer:
2,000,000
Explanation:
Define technological literacy.
Answers
Answer:
Technology Literacy is the ability to safely, responsibly, creatively, and effectively use appropriate technology to: communicate; access, collect, manage, integrate, and evaluate information;
Explanation:
Use technology to meet personal needs, interests, and learning styles.
Answer:
Technology literacy is the capacity to use suitable technology in a safe, responsible, creative, and effective manner to communicate, access, collect, manage, integrate, and evaluate information.
Explanation:
Which government tax incentive retirement account allows a person to contribute after-tax earnings?
Answers
Answer:
Roth IRA accounts
Explanation:
I hope this helped!
Question 6 of 10 When making an ad, avoid using:
A. catchy headlines
B. too few words
C. too much info
D. audience knowledge
Answers
Answer:
Its A
Explanation:
Because people dont like wierd ads and sketchy things
Answer:
too much info. Marketing should generate the greatest interest with the fewest words
Why is social service a more respectable job?
Answers
Answer:
they provide public services
Explanation:
Why are parents buying more puzzles than
ever before?
A)Schools and daycares have forbidden kids
from playing with puzzles.
B)Their children are at home with nothing to
do because of the pandemic.
C)Normal board games are out of stock.
D)WiFi systems are being overtaxed with
demand.
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Answer:
B
Explanation:
children are more bored than ever so parents buy them puzzles so they stay busing doing something instead of saying they are bored to their parents every 3 seconds.
what is home trade businness
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Answer:
Home trade is the buying and selling of goods (with the aim of making profit) among people of the same country.
Explanation:
HELP ON A TEST Which is the least likely use for a smartphone app in our retail food chain?
tracking refrigeration temperatures
heating food on the screen
checking for food-bome bacteria
monitoring produce ripening
Answers
Answer:
The anwser is B "heating food on the screen."
Explanation:
Say it outloud and listen to yourself.
Suppose a customer at a restaurant is deciding whether or not to order dessert. Marginal thinking means that the customer should compare: Group of answer choices the additional benefit from the dessert with the additional cost of the dessert. the total benefit from the entire meal and dessert with the additional cost of the dessert. the total benefit from the entire meal and dessert with the total cost of the meal and dessert. the marginal benefit from the meal with the marginal cost of the dessert. PreviousNext
Answers
Answer:
the additional benefit from the dessert with the additional cost of the dessert.
Explanation:
According to economics, everyone should act by comparing the marginal benefits obtained by purchasing a good or service vs the marginal cost of obtaining this good or service.
In this case, the customer places a certain value on the utility received from consuming dessert, and if that value is equal or higher to the cost of the dessert, then the consumer will order and eat it. If the perceived value of the benefits received form consuming the dessert are lower than the cost of the dessert, then the consumer will not order it.
Which type of degree is earned after a master’s degree?
A:doctorate
B:secondary
C:bachelor’s
D:associate’s
(I asked my teacher and he said it was a Bachelor's Degree, please confirm if this is right or not)
Answers
Answer:
I think it is A. doctorate
After a master's you would get your doctorate. Bachelor is before master's.
What is the price elasticity of supply when the price rises from $2 to $4
Answers
But the formula is
PES = %change in quantity supplied / % change in price
can anyone please make me the brainest please
Answers
Answer:
ya sure....army
Explanation:
Purple U...
Which is a disadvantage of withdrawing more money than is available in a checking
account?
a) late payment fee
b) overdraft fee
c) interest fee
FIRST ANSWER GETS BRAINLIEST
Answers
Answer: Your answer is B. Overdraft fee
Explanation:
B. Overdraft fee
May I have brainliest please? :)
Sorting a list by region before printing might help a company save money with
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production costs
labeling costs
printing costs
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it helps a company save money with POSTAL COSTS
Which term is defined as a loan given to students to help pay for education-related expenses?
financial aid
scholarship
student loan
work-study
Answers
C. Student Loan
A scholarship is a discount, work study is a job that helps pay for your tuition, and financial aid is something that helps pay for your tuition. So student loan is really the only one that makes sense.
A student loan is defined as a loan given to students to help pay for education-related expenses. Thus, option C is the correct option.
What is a student loan?A student loan is a specific kind of loan intended to assist students in covering the costs of post-secondary education and related expenses, including tuition, books, and living costs. In comparison to other loan kinds, it could have a much cheaper interest rate and a delayed repayment plan while the borrower is still enrolled in school.
In many nations, there are significant differences in the stringent rules governing bankruptcy and renegotiation. This article identifies the variations in the student loan systems of different developed nations. The majority of American college students are eligible for federal student loans. Regardless of their own or their parents' salaries, students can borrow the same sum of money at the same rate.
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The map shows rainfall amounts in the United States. A map of the United States shows where rain is currently falling and how heavy the rain is falling. Which presentation would most likely include this map? one that seeks to identify areas across the US that are prone to flooding one that analyzes global warming effects on the climate of the US one that seeks to show the many lakes and rivers in the US one that illustrates boundary lines between the states in the US
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Answer:
answer c
Explanation:took the quiz
Answer:
a
Explanation:
Which of the following titles describes a first-line manager?
A. Vice president, Consumer Products Division
B. Vice president of sales
C. Customer service supervisor
D. Purchasing manager
Answers
Answer:
C. Customer service supervisor
Explanation:
First-line managers are the lowest rank of managers. They manage workers directly involved in the production process or in service delivery. First-line managers are commonly referred to as supervisors, office managers, or line managers. They do not manage staff at the management level.
From the list provided, the customer service supervisor is the first line manager. He or she manages workers providing customer service to clients.
What decision did a London Court Reach In this case?
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Answer:
A.
Explanation:
I did B from the person above and got it wrong and it said that A was the answer :)
Answer:
A. The writing of The Da Vinci Code did not violate copyright law.
Explanation:
Right on ED2021, goodluck!
I will mark brainliest Which of the following terms directly relate to business? (Select all correct answers.)
1. manufacturer
2. oracular
3. naturalist
4. retailer
Answers
Answer:
1. manufacturer
4. retailer
Explanation:
The manufacturer refers to a company that produces goods and services in a factory or plant for sale. The term manufacturer may also mean the owners of such a factory. A manufacturer converts raw materials to finished products and sells them for a profit. They are involved in a business.
A retailer is a business person who sells goods to consumers. Retailers buy from other businesses such as wholesalers. Large scale retailers such as supermarkets and departmental stores buy from manufacturers.
Answer:
It's manufacturer and retailer
Explanation:
I took a quiz with the same question and I got it correct, so you can rely on my answer.
Westerville Company's beginning and ending inventories for the month of May are May 1 May 31 Direct Materials $67,000 $62,000 Work in Process $145,000 $171,000 Finished Goods $85,000 $78,000 Production data for the month of May follows: Direct labor $200,000 Actual manufacturing overhead $132,000 Direct materials purchased $163,000 Transportation in $2,000 Westerville Company uses one overhead control account and charges overhead to production at 70% of direct labor cost. The company does not formally close the account until the end of the year. Westerville Company's total manufacturing cost for May is $363,000 $510,000 $503,000 $502,000
Answers
Answer:
$510,000
Explanation:
The computation of the total manufacturing cost is shown below:
= Direct material + direct labor + manufacturing overhead
where,
Direct material is
= Opening balance + purchase + transportation - ending balance
= $67,000 + $163,000 + $2,000 - $62,000
= $170,000
Direct labor is $200,000
And, the manufacturing overhead is
= $200,000 × 70%
= $140,000
So, the total manufacturing cost is
= $170,000 + $200,000 + $140,000
= $510,000
who is the greatest basketball player of all time.
Answers
Answer:
ong Michael Jordan, Wilt Chamberlain, Bill Russell
Explanation:
Answer: Bron and Wilt
Explanation: Cause they’re S tier
If a driver with an insurance policy drives infrequently, it can
raise costs.
lower costs.
create risk
share risk.
Answers
Answer: lower cost
Explanation:
An insurance policy is a contract between an insurance company and a policyholder, which helps the policyholder to be able to make claims when there's an accident or death in case of life insurance.
In the above scenario in the question, if a driver with an insurance policy drives infrequently, it can lower costs.
Therefore, the correct option is B.
Answer: Lower cost.
Explanation: This is the correct answer on Edge 2020 ( I just took the quiz and got it right ^-^).
what is the definition of stakeholders
Answers
plural noun: stakeholders
1.
(in gambling) an independent party with whom each of those who make a wager deposits the money or counters wagered.
2.
a person with an interest or concern in something, especially a business.
Although she hates the work, Jessica has spent most weekends and the last three summers as a shortorder cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a A. legal research service. B. restaurant. End of exam C. fast-food franchise. D. riding stable.
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In short the answer is D. Riding stable
Pleaseeeeeeeeeee follow on the gram at FelineKrew!!!!
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Answer:
yesh maaam.. or sir
Explanation:
HEY PLS DON'T JOIN THE ZOOM CALL OF A PERSON WHO'S ID IS 825 338 1513 (I'M NOT SAYING THE PASSWORD) HE IS A CHILD PREDATOR AND A PERV. HE HAS LOTS OF ACCOUNTS ON BRAINLY BUT HIS ZOOM NAME IS MYSTERIOUS MEN.. HE ASKS FOR GIRLS TO SHOW THEIR BODIES AND -------- PLEASE REPORT HIM IF YOU SEE A QUESTION LIKE THAT. WE NEED TO TAKE HIM DOWN!!! PLS COPY AND PASTE THIS TO OTHER COMMENT SECTIONS!! (please dont report)
Why is the slow growth that can result from a contractionary policy a positive effect?
It can increase interest rates.
It can decrease available credit.
It can increase the money supply.
It can decrease inflation.
Answers
Answer: It can decrease inflation
Explanation:
A slow growth rate can result from the contractionary policy of a positive effect which can lead to a decrease in inflation. Thus option A is correct.
What is the contractionary policy?Contractionary policy forms a money measure that refers to the decrease of the govt spending and specially on the deficit expenses and the reduction in the rate of the monetary expansion by the central bank.
This policy can be understood by the government deposits of the US treasury which are fed by the deposit cash in order to apply the policy. The slow growth of policy can lead to the positive effect that tends to decrease inflation.
Find out more information about the contractionary policy.
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