Concept explainers
A sporting goods store sells two types of exercise bikes. The deluxe model costs the store
a. Determine the number of deluxe models and the number of standard models that the store should have in its inventory each month to maximize profit. (Assume that all exercise bikes in inventory are sold.)
b. What is the maximum profit?
c. If the profit on the deluxe bikes were
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Precalculus
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