A person wants to earn the profit of $200,000 from his three goods next year. Product A gives him a profit of $100 and has an expected growth of 10% per year. Product B provides a profit of $200 and has an expected growth of 5% per year. Product C provides a profit of $150 and has an expected growth of 8% per year. The person plans to sell two times of product C as of product B. If the person estimated a total growth of 12% per year in his profits, how many of each product should the person sell in a year? the answer is A: 1931, B: 14, C: 28
A person wants to earn the profit of $200,000 from his three goods next year. Product A gives him a profit of $100 and has an expected growth of 10% per year. Product B provides a profit of $200 and has an expected growth of 5% per year. Product C provides a profit of $150 and has an expected growth of 8% per year. The person plans to sell two times of product C as of product B. If the person estimated a total growth of 12% per year in his profits, how many of each product should the person sell in a year? the answer is A: 1931, B: 14, C: 28
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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