Answer:
it was 400 back then, a decade ago
Step-by-step explanation:
Answer:
Step-by-step explanation:i havent done something like this in a long time
Let the number of type A surfboards to be ordered be x and the number of type B surfboards be y, then we have
Minimize: C = 272x + 136y
subject to: 29x + 17y ≥ 1210
x + y ≤ 50
x, y ≥ 1
From the graph of the constraints, we have that the corner points are:
(20, 30), (41.138, 1) and (49, 1)
Applying the corner poits to the objective function, we have
For (20, 30): C = 272(20) + 136(30) = 5440 + 4080 = $9,520
For (41.138, 1): C = 272(41.138) + 136 = 11189.54 + 136 = $11,325.54
For (49, 1): C = 272(49) + 136 = 13328 + 136 = $13,464
Therefore, for minimum cost, 20 type A surfboards and 30 type B surfboards should be ordered.
Answer:
The correct option is c.)
Step-by-step explanation:
If someone says that an investment had a rate of return of 10% It matters if the person means a nominal rate of return or a real rate of return because real rates take inflation into account. Nominal rates are not adjusted for inflation. Nominal rates of return usually appear to be higher than the real rates of return.
Therefore the correct option is c.)