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- If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.Suppose one canoe rents for 40,and2 is taken off the price for each additional canoe rented by a ground. What size group gives the most income? Assume that there are 20 canoes available.If the cost of each Robust tablet increases to 75 c and the cost of each Vigortab increases to 80 c , find the minimum cost.
- The Scottsville Textile Mill produces several different fabrics on eight dobby looms that operate 24 hours per day and are scheduled for 30 days in the coming month. The mill will produce only Fabric 1 and Fabric 2 during the coming month. Each dobby loom can turn out 4.63 yards of either fabric per hour. Assume that there is a monthly demand of 16,000 yards of Fabric 1 and 12,000 yards of Fabric 2. Profits are calculated as 33¢ per yard for each fabric produced on the dobby looms. Will it be possible to satisfy total demand? (a)Yes, the mill can produce enough to meet the demand. (b)No, the mill can not produce enough to meet the demand. In the event that total demand is not satisfied, the Scottsville Textile Mill will need to purchase the fabrics from another mill to make up the shortfall. Its profits on resold fabrics ordered from another mill amount to 20¢ per yard for Fabric 1 and 16¢ per yard for Fabric 2. How many yards of each fabric should it produce to maximize profits?…The Scottsville Textile Mill produces several different fabrics on eight dobby looms that operate 24 hours per day and are scheduled for 30 days in the coming month. The mill will produce only Fabric 1 and Fabric 2 during the coming month. Each dobby loom can turn out 4.61 yards of either fabric per hour. Assume that there is a monthly demand of 16,000 yards of Fabric 1 and 12,000 yards of Fabric 2. Profits are calculated as 33¢ per yard for each fabric produced on the dobby looms. (a) Will it be possible to satisfy total demand? O Yes, the mill can produce enough to meet the demand. O No, the mill can not produce enough to meet the demand. (b) In the event that total demand is not satisfied, the Scottsville Textile Mill will need to purchase the fabrics from another mill to make up the shortfall. Its profits on resold fabrics ordered from another. mill amount to 20¢ per yard for Fabric 1 and 16¢ per yard for Fabric 2. How many yards of each fabric should it produce to maximize…A Tailor has the following material 16 square yard cotton, 11 square yard silk and 15 squareyard wool. As suit requires 2 square yard cotton, 1 square yard silk and 1 square yard wool. A gownrequires 1 square yard cotton, 2 square yard silk and 3 square yard wool. If the suit sales for Rs. 300and gown sales for Rs. 500. How many garments should the tailor made to Maximize the revenue.Formulate the problem as an LP- Model and then solve by Graphical Method
- Assume a sales price per unit of $25, variable cost per unit $15, and total fixed costs of $18000. If no units are sold, how much cost would the company incur?The following table shows the expenses and income for a local college student. Assume that amounts shown for salaries and wages are after taxes and that 1 month = 4 weeks. Income Expenses Part-time Job: $1100/month Rent: $550/month Student Loans: $8400/year Groceries: $50/week Scholarship: $5700/year Tuition and Fees: $7500/year Health Insurance: $40/month Entertainment: $40/week Phone: $65/month a) What is the student's monthly income? b) What is the student's monthly expenses? c) What is the student's net monthly cash flow?a. Predict the sales resulting from a $15,000 investment in inventory and an advertising budget of $10,000.
- Suppose the premium for policy A is reduced to $25. Now how many units should be purchased from each plan to minimize the cost of the premiums? What is the minimum premium?The Scottsville Textile Mill produces several different fabrics on eight dobby looms that operate 24 hours per day and are scheduled for 30 days in the coming month. The Scottsville Textile Mill will produce only Fabric 1 and Fabric 2 during the coming month. Each dobby loom can turn out 4.64 yards of either fabric per hour. Assume that there is a monthly demand of 16,000 yards of Fabric 1 and 12,000 yards of Fabric 2. Profits are calculated as 33¢ per yard for each fabric produced on the dobby looms. (a) Will it be possible to satisfy total demand? ○ Yes, the mill can produce enough to meet the demand. No, the mill can not produce enough to meet the demand. (b) In the event that total demand is not satisfied, the Scottsville Textile Mill will need to purchase the fabrics from another mill to make up the shortfall. Its profits on resold fabrics ordered from another mill amount to 20¢ per yard for Fabric 1 and 16¢ per yard for Fabric 2. How many yards of each fabric should it produce to…The Scottsville Textile Mill produces several different fabrics on eight dobby looms that operate 24 hours per day and are scheduled for 30 days in the coming month. The Scottsville Textile Mill will produce only Fabric 1 and Fabric 2 during the coming month. Each dobby loom can turn out 4.68 yards of either fabric per hour. Assume that there is a monthly demand of 16,000 yards of Fabric 1 and 12,000 yards of Fabric 2. Profits are calculated as 33¢ per yard for each fabric produced on the dobby looms. (a) Will it be possible to satisfy total demand? Yes, the mill can produce enough to meet the demand. No, the mill can not produce enough to meet the demand. That's right! (b) In the event that total demand is not satisfied, the Scottsville Textile Mill will need to purchase the fabrics from another mill to make up the shortfall. Its profits on resold fabrics ordered from another mill amount to 20¢ per yard for Fabric 1 and 16¢ per yard for Fabric 2. How many yards of each fabric should…