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Models of global positioning system

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Reference no: EM133258384

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The costs to a store for two models of Global Positioning System (GPS) receivers are $80 and$100. The $80 model yields a profit of$25 and the $100 model yields a profit of$30. Market tests and available resources indicate the following constraints. - The merchant estimates that the total monthly demand will not exceed 200 units. - The merchant does not want to invest more than $18,000 in GPS receiver inventory. What is the optimal inventory level for each model? What is the optimal profit?

Reference no: EM133258384

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