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Business, 07.03.2020 05:06, tammycute01
A toy store has shelf space to hold at most 60 baby dolls of three different types. Sleeping baby dolls cost $6 each, talking baby dolls cost $7.50 each, and walking baby dolls cost $9 each. The store can afford to spend up to $405 for the dolls. The sleeping, talking, and walking baby dolls resell for $12, $13.50, and $17 each, respectively. The store wishes to maximize its profit by ordering the appropriate number of each type of doll. (Remember: Profit = Revenue - Cost)
(a) How many of each type of doll should be ordered to maximize profit?
(b) What is the maximum profit?
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Answers: 1
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A toy store has shelf space to hold at most 60 baby dolls of three different types. Sleeping baby do...
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