Answer: The company should produce 7 skateboards and 16 rollerskates in order to maximize profit.
Step-by-step explanation: Let the skateboards be represented by s and the rollerskates be represented by r. The available amount of labour is 30 units, and to produce a skateboard requires 2 units of labor while to produce a rollerskate requires 1 unit. This can be expressed as follows;
2s + r = 30 ------(1)
Also there are 40 units of materials available, and to produce a skateboard requires 1 unit while a rollerskate requires 2 units. This too can be expressed as follows;
s + 2r = 40 ------(2)
With the pair of simultaneous equations we can now solve for both variables by using the substitution method as follows;
In equation (1), let r = 30 - 2s
Substitute for r into equation (2)
s + 2(30 - 2s) = 40
s + 60 - 4s = 40
Collect like terms,
s - 4s = 40 - 60
-3s = -20
Divide both sides of the equation by -3
s = 6.67
(Rounded up to the nearest whole number, s = 7)
Substitute for the value of s into equation (1)
2s + r = 30
2(7) + r = 30
14 + r = 30
Subtract 14 from both sides of the equation
r = 16
Therefore in order to maximize profit, the company should produce 7 skateboards and 16 rollerskates.
30kx - 6kx = 8
24kx = 8 /(÷8)
3kx = 1
x = 1/3k
Answer:
A - y = 1200(1+.05)^30
Step-by-step explanation:
In this case, you need to calculate the future value and the formula to calculate that is:
FV=PV*(1+r)^n
FV=future value
PV=present value
r=rate
n=number of periods of time
The present value would be the price of the ring which is $1200. The rate is 5% per year and the number of periods of time is 30 years since you need to find the ring's worth in 30 years. Now, you can replace the values on the formula:
FV=1200*(1+0.05)^30
According to this, the answer is that the equation to calculate how much will it be worth in 30 years is: y = 1200(1+.05)^30.
Answer:
24.6%
Step-by-step explanation:
243-195=48
48/195=x/100
48 × 100
4800/195= 24.6%
