Question

A street vendor in NYC sells burgers and hotdogs. The burgers cost her $0.37 and the hotdogs cost her $0.45. Her daily supplies budget for food is $100. Hotdogs take up less space than hamburgers, and she has space for 400 hotdogs or 200 burgers in her cart refrigerator. Heating the food takes more energy for the hotdog than burgers, though. The burner for the hotdog pan consumes 16mL of gas per day, per hotdog. The pan for the burgers takes only 5mL, and she only has enough fuel for one day at a time: three liters. If she sells burgers for $1.00 and hotdogs for $1.50, what combination of hotdogs and hamburgers does she need to stock her cart with every day, to make the most money? Number of hamburgers she should stock? Number of hotdogs she should stock? Net revenue that this will earn her each day if she sells all her stock?

Answer 1

So, the first thing you should do is break it down. First how much space can she have, and how many hotdogs and hamburgers would she have know the amount of space. Then you would find the amount of money she would make if she sold the food, and how much she would spend for inventory. Hope this helps!