1.You are the assistant
manager of an appliance store. Next month
you will order two types of stereo systems.
How many of each model should you order
to minimize your cost?
? Model A: Your cost is $300 and
your profit is $40
? Model B: Your cost is $400 and
your profit is $60
? You expect a profit of at least
? You expect to sell at least 100 units
2.A furniture manufacturer can make from 30
to 60 tables a day and from 40 to 100 chairs
a day. It can make at most 120 units in one
day. The profit on a table is $150 and the
profit on a chair is $65. How many tables
and chairs should they make per day to
maximize their profit? What is their
3.Your school has contracted with a
professional magician to perform at the school. The school has guaranteed an attendance of at least 1000 and total ticket receipts of at least $4800. The tickets for students are $4 for students and $6 for non-students, of which the magician receives $2.50 and $4.50 profit respectively. What is the minimum amount of money the
magician could receive?
4.A t-shirt company makes t-shirts and
hoodies. They can make between 80 and 100 t-shirts in one day. They can produce between 50 and 80 hoodies in one day. They can make, at most, 160 total units in one day. If the profit on each t-shirt is $6 and the profit on each hoodie is $10, how many of each kind do they need to make a maximum profit? What will this maximum profit be?