A company sells sets of kitchen knives. A Basic Set consists of 2 utility knives and 1 chefs 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 chefs knife, and 1 slicer. T $20 on a Basic Set, $50 on a Regular Set, and $80 on a Deluxe Set. The factory has on hand 1600 utility knives, 800 chef's knives, and 400 slicers. (a) 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? (b) A consultant for the company notes that more profit is made on a Regular Set than on a Basic Set, yet the result from part (a) recommends making up more Basic Sets than Regular Sets. She is puzzled how this can be the best sole would you respond? (a) Find the objective function to be used to maximize profit. Let x, be the number of Basic Sets, let x, be the number of Regular Sets, and let x, be the number of Deluxe Sets. What is the objective function? z=x, +2 X3

A company sells sets of kitchen knives. A Basic Set consists of 2 utility knives and 1 chefs 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 chefs knife, and 1 slicer. T $20 on a Basic Set, $50 on a Regular Set, and $80 on a Deluxe Set. The factory has on hand 1600 utility knives, 800 chef's knives, and 400 slicers. (a) 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? (b) A consultant for the company notes that more profit is made on a Regular Set than on a Basic Set, yet the result from part (a) recommends making up more Basic Sets than Regular Sets. She is puzzled how this can be the best sole would you respond? (a) Find the objective function to be used to maximize profit. Let x, be the number of Basic Sets, let x, be the number of Regular Sets, and let x, be the number of Deluxe Sets. What is the objective function? z=x, +2 X3

Name: A company sells sets of kitchen knives. A Basic Set consists of 2 uti
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Description: A company sells sets of kitchen knives. A Basic Set consists of 2 utility knives and 1 chefs 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. Th

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter2: Systems Of Linear Equations

Section2.4: Applications

Problem 3EQ: A florist offers three sizes of flower arrangements containing roses, daisies, and chrysanthemums....

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