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Amanda [17]
3 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]3 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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richness

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A banker is analyzing a company which operates in the automotive industry. Which of the following will likely be the banker's mo
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Answer:

A Banker's Analysis of an Automotive Company for Loan

Most important consideration in determining grant of loan:

c. The company has a large amount of interest payments related to other outstanding loans.

Explanation:

The large amount of interest payments related to other outstanding loans means that the automotive company is highly leveraged.  To grant a bank loan will have added leverage risk.

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3 years ago
Consider an assembly line with 20 stations. Each station has a 0.5% probability of making a defect. At the end of the line, an i
sashaice [31]

Answer:

<h2>Assembly Line</h2>

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3 years ago
Your parents have accumulated a $120,000 nest egg. They have been planning to use this money to pay college costs to be incurred
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Answer and Explanation:

The computation is shown below:

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