A manufacturer has RM8,000 to spend on the development and promotion of a new product. It is estimated that if thousand ringgit is spent on development and thousand ringgit is spent on promotion, sales will be approximately units . How much money should the manufacturer allocate to development and how much to promotion to maximize sales? 19.A manufacturer has RM8,000 to spend on the development and promotion of a newproduct. It is estimated that if x thousand ringgit is spent on development and ythousand ringgit is spent on promotion, sales will be approximately 1 (x, y) = 50 x "y *units. How much money should the manufacturer allocate to development and howmuch to promotion to maximize sales?

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Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CR: Review Problem Set

Problem 37CR

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A manufacturer has RM8,000 to spend on the development and promotion of a new product. It is estimated that if thousand ringgit is spent on development and thousand ringgit is spent on promotion, sales will be approximately units . How much money should the manufacturer allocate to development and how much to promotion to maximize sales?

19.
A manufacturer has RM8,000 to spend on the development and promotion of a new
product. It is estimated that if x thousand ringgit is spent on development and y
thousand ringgit is spent on promotion, sales will be approximately 1 (x, y) = 50 x "y *
units. How much money should the manufacturer allocate to development and how
much to promotion to maximize sales?

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