Answer:
As we want to maximize the profit, the objective function is the profit function:
Explanation:
This is a linear programming problem.
We want to maximize the profit, and the limitations are budget, where we take into account the cost of the types of beds, and warehouse space, where we take into account the space the beds required.
As we want to maximize the profit, the objective function is the profit function:
The constraints are:
- Budget
- Warehouse space:
Answer:
This answer is incomplete, it misses the options. The options are the following:
a. reaching new customers
b. reducing costs
c. increasing accuracy
d. increasing quantity ordered
And the correct answer is the option C: increasing accurancy
Explanation:
To begin with, given the fact that the company's order takers often had difficulty deciphering their customers' handwritting on the order forms then the best action taken was to switched to an online e-commerce site due to the fact that now when a customer is looking forward to buy a product from the company then they just have to type it on the computer and therefore there will be no problem with the comprehension of the writting of the clients as before, in that way, allowing the company to enjoy the advantage of increasing the accurancy of the sales.
The three most frequent misconceptions are that net income equals cash, net income excludes estimates, and net income reports all changes in value that occurred during the accounting period.
One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. The balance sheet and the cash flow statement are the other two important statements. The income statement, which is often referred to as the profit and loss (P&L) statement or the statement of revenue and expense, primarily focuses on the company's revenue and expenses over a specific time period. Understanding how to study an income statement is the greatest approach to evaluate a business and choose whether or not to invest.
To learn more about income statement here
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