Rosa is joining a fundraising event next month to help raise awareness about cancer. She contacted her friend, Tiffany, an artisan who makes customized silver bracelets. Rosa only wants to sell 3 designs: Pink Ribbons, Silver Infinity, and Magenta Hearts. Tiffany estimated that each bracelet will need some amount of silver and a mold. She also needs to shape, carve, and sand the bracelets. Tiffany's profits for each bracelet design are as follows: Pink Ribbons - $2.50, Silver Infinity - $1.50, and Magenta Hearts - $2.00. To make the Pink Ribbons design, Tiffany needs 0.50 pounds of silver and spend 0.25 hours to shape, carve, and sand the bracelets. For the Silver Infinity design, she will need 0.333 pounds of silver and 0.333 hours to shape, carve and sand it. Finally, to produce the Magenta Hearts design, she needs 0.25 pounds of silver and 0.75 hours to shape, carve, and sand it. Rosa was worried that Tiffany will not be able to finish the bracelets in time. Tiffany said not to worry because she has 20 pounds of silver and 50 molds in her workshop. Tiffany also plans to devote 2 work weeks or 80 hours to his project.  Rosa requested that Tiffany make at least 25 pieces of the Pink Ribbons design.  If Tiffany's number of hours to work on the order is decreased by 20 hours due to other commitments, how will this affect her profits?  A)Profits will not change. B)Profits will decrease by $30. C)Profits will increase by $30. D)Profits will decrease by $20. E)Profits will increase by $20.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section11.4: Marketing Models
Problem 30P: Seas Beginning sells clothing by mail order. An important question is when to strike a customer from...
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Rosa is joining a fundraising event next month to help raise awareness about cancer. She contacted her friend, Tiffany, an artisan who makes customized silver bracelets. Rosa only wants to sell 3 designs: Pink Ribbons, Silver Infinity, and Magenta Hearts.

Tiffany estimated that each bracelet will need some amount of silver and a mold. She also needs to shape, carve, and sand the bracelets. Tiffany's profits for each bracelet design are as follows: Pink Ribbons - $2.50, Silver Infinity - $1.50, and Magenta Hearts - $2.00.

To make the Pink Ribbons design, Tiffany needs 0.50 pounds of silver and spend 0.25 hours to shape, carve, and sand the bracelets. For the Silver Infinity design, she will need 0.333 pounds of silver and 0.333 hours to shape, carve and sand it. Finally, to produce the Magenta Hearts design, she needs 0.25 pounds of silver and 0.75 hours to shape, carve, and sand it.

Rosa was worried that Tiffany will not be able to finish the bracelets in time. Tiffany said not to worry because she has 20 pounds of silver and 50 molds in her workshop. Tiffany also plans to devote 2 work weeks or 80 hours to his project. 

Rosa requested that Tiffany make at least 25 pieces of the Pink Ribbons design. 

If Tiffany's number of hours to work on the order is decreased by 20 hours due to other commitments, how will this affect her profits? 

A)Profits will not change.
B)Profits will decrease by $30.
C)Profits will increase by $30.
D)Profits will decrease by $20.
E)Profits will increase by $20.
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ISBN:
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Author:
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Cengage,