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Amanda [17]
2 years ago
11

Rework problem 27 in section 1 of Chapter 7 of your textbook, about the greenhouse operator, using the following data. Assume th

at each Type 1 layout uses 36 tulips, 24 daffodils, and 8 flowering shrubs; that each Type 2 layout uses 12 tulips, 42 daffodils, and 7 flowering shrubs; and that each Type 3 layout uses 22 tulips, 52 daffodils, and 5 flowering shrubs. Assume also that the greenhouse operator has on hand 1110 tulips, 890 daffodils, and 94 flowering shrubs. Assume also that the profit on each Type 1 layout is $85.00, the profit on each Type 2 layout is $40.00, and the profit on each Type 3 layout is $90.00.
How many layouts of each type of should the greenhouse operator plant in order maximize its profit?
Business
1 answer:
alekssr [168]2 years ago
4 0

Answer:

one of the first

then sixteen of the third.

none of the second

Explanation:

We can solve by hand using legrande multiplier

and derivate or we can use the solver tool of excel:

1) we build up a table on excel with the data for each layout

Then, we use solver.

We declare the quantity of each unit as out variable

the total profit as our goal to maximize

we stablish the restrictions based on our inventory at hand

<em>And excel determinates that 16 of the third layout and one of the first layout will yield the greater profit</em>

SOLVER  

Q tulips daffodils flowerings PROFIT per layout

1          36       24 8                    84

0           12       42 7                    40

16           22       52 5                    90

Totals 388     856 88      

used   (16 x 22 + 36) (16 x 52 + 24)   (  16 x 5 + 8)

Total profit: 1524

(16 x 90 + 84)

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Answer and Explanation:

Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.

7 0
2 years ago
The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top manage
Elina [12.6K]

The given statement, "The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top managers" is true

<u>Explanation: </u>

A board of directors is a team of experts elected by stockholders of a company to serve the interest of the stockholders and ensure that the company management behaves on their behalf. The Chairperson or Chairman of the Board is the head of the Board of Directors.

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These includes the following,

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8 0
3 years ago
When the unemployment rate is at a steady state: Group of answer choices the number of people finding jobs exceeds the number of
liraira [26]

Answer:

The number of people finding jobs equals the number of people losing jobs.

Explanation:

Unemployment rate can be defined as the percentage of unemployed workers that are present in the the labor force. The Labor force of a country comprises of both employed and unemployed individuals that are present in the country. Unemployment rate can also be described as the percentage of the total workforce of a country that is yet to be gainfully employed.

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3 years ago
Weiss Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have
MariettaO [177]

Answer:

Proposal A:  $185,714.29

Proposal B: $160,000

Explanation:

Giving the following information:

$10,000 for installations to be completed.

The revenue generated by each unit is $ 20.00

Proposal A:

Fixed costs= 55,000

The variable cost is $13.00

Proposal B:

Fixed costs= 70,000

The variable cost is $10.00

Break-even point (dollars)= fixed costs/ contribution margin ratio

Proposal A: (55,000+10,000)/[(20-13)/20]= $185,714.29

Proposal B: (70,000 + 10,000)/[(20-10)/20]= $160,000

5 0
3 years ago
Jamie would like to identify the similarities and differences among seven different types of flowers. Jamie should use a Venn di
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4 0
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