Question: Product Mix Problem 1 (15.0 points)
Danson furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75000 to invest in shelves this week, and the warehouse has 18000 cubic feet available for storage. Profit for each big shelf is $300 and for each medium shelf is $150. What is the maximum profit?

Hint: There are two decision variables and two explicit constraints

1. $30,000 b) $43,500 c) $45,000 d) $54,000
   

Price: $2.99

Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document