Solution-How many basic sets should be made up

How many basic sets should be made up

Assignment Help Mathematics

Reference no: EM131000730

A company sells sets of kitchen knives. A Basic Set consists of 2 utility knives and 1 chef's knife. A Regular Set consists of 2 utility knives, 1 chef's knife, and 1 slicer. A Deluxe Set consists of 3 utility knives, 1 chef's knife, and 1 slicer. The profit is $30 on a Basic Set, $40 on a Regular Set, and $70 on a Deluxe Set The factory has on hand 1200 utility knives, 600 chef's knives, and 300 slicers. If all sets will be sold, how many of each type should be made up in order to maximize profit? What is the maximum profit?

How many Basic Sets should be made up?

How many Regular Sets should be made up?

How many Deluxe Sets should be made up?

What is the maximum profit?

Reference no: EM131000730

Questions Cloud

What was take offf speed and direction : An olympic diver springs off of a high dive that is 3m above the surface of the water. When she lands in the water she is traveling at a speed of 8.9 m/s at ana ngle of 75.0degrees to the horizontal. what was take offf speed and direction?

Central location of the distribution : Plot the pdf for this random variable. Compute its mean and indicate its value on the plot along with the value given for the median. Which seems to be more "representative" of the central location of the distribution, the mean or the median?

How far up incline does the block travel before it starts : A small block travels up a frictionless incline that is at an angle of 30.0 degree above the horizontal. The block has speed 4.69 m/s at the bottom of the incline. Assume g = 9.80 m/s^2. How far up the incline (measured parallel to the surface of ..

Percentage of senior technical researchers : (i) Determine the probability that someone selected at random from this group received a bonus of $20, 000 or higher. (ii) If a bonus of $100, 000 or higher is considered a "Jumbo" bonus, what percentage of senior technical researchers receive..

How many basic sets should be made up : A company sells sets of kitchen knives. A Basic Set consists of 2 utility knives and 1 chef's knife. A Regular Set consists of 2 utility knives, 1 chef's knife, and 1 slicer. How many Basic Sets should be made up? How many Regular Sets should be ma..

Poisson model with a constant parameter : Determine the probability that the paediatrician records exactly 3 misdiagnoses in a year; determine also the probability of recording 3 or fewer misdiagnoses. Compare these probabilities with the corresponding ones computed using a stan- dar..

What is the horizontal distance d that the bird misses catch : A bird sees a fish below the surface of a lake. It dives in a straight line at 45.0 degree in order to catch the fish. The bird's diving speed is fast enough that it continues to move in approximately a straight line while in the water. If the fis..

How much money will barry have in his boat : If the interest rate is 6% annually, compounded semiannually, how much money will Barry have in his boat fund after five years?

What is the median msl : What is the "most likely" value of the MSL? (By de?nition, the "most likely" value is that value of the random variable for which the pdf attains a maximum.) What is the probability that a battery has an MSL value exceeding 18 months?

User Account

All Pages

How many basic sets should be made up

Reference no: EM131000730

Reference no: EM131000730

Questions Cloud

Reviews

Write a Review

Mathematics Questions & Answers

Questions on ferris wheel

Logistic map

Finding the probability of cards

Systems of ode

Derive the boolean expression

System of equations

Linear programming problem

Find the natural domain

Introduction to numerical methods

Chart of the topological manifold

Mathematics in computing

Complex problems

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT