1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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)

You might be interested in
Which statement describes an advantage of buying a home?
Vedmedyk [2.9K]

your taxes increase

Explanation:

mark me brainliest pl

hope you like this

4 0
2 years ago
Read 2 more answers
Fred, a self-employed taxpayer, travels from Denver to Miami primarily on business. He spends five days conducting business and
malfutka [58]

Answer:

$9,400

Explanation:

The computation of deductible expenses is shown below:-

Airfare = $400

Lodging = $300 × 5

= $1,500

Meals = $150 × 5

= $7,500

Total deduction = Airfare + Lodging + Meals

= $400 + $1,500 + $7,500

= $9,400

Therefore for computing the total deduction we simply add airfare, lodging and meals and hence the total deduction is $9,400

8 0
3 years ago
TCBW last year had an average collection period (days sales outstanding) of 33 days based on accounts receivable of $350,000. Al
sergeinik [125]

Answer:

$296,969.70

Explanation:

Days of sales outstanding = number of days in a period / receivables turnover

Receivables turnover = revenue / average receivables

33 = 365 / receivables turnover

receivables turnover = 11.060606

11.060606 = revenue / $350,000

revenue = $3,871,212.12

with the new policy and same revenue :

28 = 365  / receivables turnover

receivables turnover = 13.035714

13.035714 = $3,871,212.12 / average receivables

= $296,969.70

7 0
2 years ago
Abel Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and
Snezhnost [94]

Answer:

depreciable amor 10.95 dollars per Activity 2 base cost object.

Explanation:

\frac{Activity\: Pool}{Activity \: base}= Activity\:Rate

totoal expected cst: 35,040

activity 2 expected cost dirver Total  3,200

Activity rate: $35,040 cost pool / 3,200 driver expected amount = $10.95

7 0
3 years ago
Distinguish between the substitution and income effects of a price change. If a good’s price increases does each effect have a p
vesna_86 [32]
The economics concepts of income effect and substitution effect express changes in the market and how these changes impact consumption patterns for consumer goods and services. The income effect expresses the impact of increased purchasing power on consumption, while the substitution effect describes how consumption is impacted by changing relative prices. Different goods and services experience these changes in different ways. Some products, called inferior goods, generally decrease in consumption whenever incomes increase. Consumer spending and consumption of normal goods typically increases with higher purchasing power, in contrast with inferior goods.



Read more: What's the difference between the income effect and the substitution effect? | Investopedia http://www.investopedia.com/ask/answers/041415/whats-difference-between-income-effect-and-substitution-effect.asp#ixzz4wcsy3IOK
Follow us: Investopedia on Facebook
7 0
2 years ago
Other questions:
  • What do you think of the decision made by Adelaide Ladywell?
    8·1 answer
  • Surgery U.S. insurers’ costs for knee replacement surgery range from $17,627 to $25,462. Estimate the population variance (stand
    9·1 answer
  • On Tuesday, Smokey had taken off his watch, which he had found laying on top of a trash can at the curbside, and placed it on th
    13·1 answer
  • Professionals' liability for injuries caused by their negligence is referred to as _____. question 4 options: misrepresentation
    10·1 answer
  • Abby received requests from three families to babysit a toddler for four hours on friday night. she can only babysit for one of
    6·1 answer
  • You are offered an investment that will make three $5,000 payments. The first payment will occur four years from today. The seco
    13·1 answer
  • When hiring clerks for the mail room, the Acme Global Corporation required applicants to take a sorting ability test. The test s
    9·1 answer
  • OPSEC is a five-step process to identify, control and protect critical
    13·2 answers
  • In 1978 corporate CEOs in the USA earned, on average, 35 times more than the average worker. Today, the earn ___ times more than
    5·1 answer
  • Which of the following describes PLUS loans? O Loans that are taken out by parents and have high interest rates
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!