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A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown Туре Basic Deluxe Supreme The company has 1500 units of plastic, 2000 units of rubber, and 3400 units of silver. It makes a profit of $3, $4, and $2 respectively on basic, deluxe, and supreme pencil holders. Assuming that all pencil holders which are manufactured can be sold, determine the number of each type of pencil holder the company should produce to maximize its profit. Number of Basic pencil holders = Number of Deluxe pencil holders = Plastic Rubber Silver 1 2 2 2 2 4 1 2 4 Number of Supreme pencil holders =

A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown Туре Basic Deluxe Supreme The company has 1500 units of plastic, 2000 units of rubber, and 3400 units of silver. It makes a profit of $3, $4, and $2 respectively on basic, deluxe, and supreme pencil holders. Assuming that all pencil holders which are manufactured can be sold, determine the number of each type of pencil holder the company should produce to maximize its profit. Number of Basic pencil holders = Number of Deluxe pencil holders = Plastic Rubber Silver 1 2 2 2 2 4 1 2 4 Number of Supreme pencil holders =

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown Type Basic Deluxe Supreme The company has 1500 units of plastic, 2000 units of rubber, and 3400 units of silver. It makes a profit of $3, $4, and $2 respectively on basic, deluxe, and supreme pencil holders. Assuming that all pencil holders which are manufactured can be sold, determine the number of each type of pencil holder the company should produce to maximize its profit. Number of Basic pencil holders = Number of Deluxe pencil holders = Plastic Rubber Silver 1 2 2 2 2 4 1 2 4 Number of Supreme pencil holders =
Transcribed Image Text:A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown Type Basic Deluxe Supreme The company has 1500 units of plastic, 2000 units of rubber, and 3400 units of silver. It makes a profit of $3, $4, and $2 respectively on basic, deluxe, and supreme pencil holders. Assuming that all pencil holders which are manufactured can be sold, determine the number of each type of pencil holder the company should produce to maximize its profit. Number of Basic pencil holders = Number of Deluxe pencil holders = Plastic Rubber Silver 1 2 2 2 2 4 1 2 4 Number of Supreme pencil holders =
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