Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problems
A small backpack manufacturer carries four different models of backpacks, made of canvas, plastic, nylon, and leather. The bookstore, which will exclusively sell the backpacks, expects to be able to sell between 15 and 40 of each model. The store has agreed to pay $35.50 for each canvas backpack, $39.50 for each plastic backpack, $42.50 for each nylon backpack, and $69.50 for each leather backpack that can be delivered by the end of the following week.
One worker can work on either canvas or plastic, can complete a backpack in 1.5 hours, and will charge $7.00 per hour to do the work. This worker can work a maximum of 90 hours during the next week. Another worker can sew backpacks made of nylon fabric. He can complete a bag in 1.7 hours, will charge $8.00 per hour to work, and can work 42.5 hours in the next week. A third worker has the ability to sew leather. He each can complete a book bag in 1.9 hours, will charge $9.00 per hour to work, and can work 80 hours during the next week. The following table provides additional information about each backpack. What is the best combination of backpacks to provide the store to maximize the profit?
Backpack Model
Material Required (square yards)
Material Available (square yards)
Canvas
2.25
200
Plastic
2.40
350
Nylon
2.10
700
Leather
2.60
550
Define and discuss the three levels of organizational culture. In your view, what changes can be brought into the various levels of organizational culture at Home Depot?
Find the cross price elasticity of demand for steak, using the arc-elasticity formula. Are steak and lobster substitutes, complements or neither
Suppose that at the bundle (X1*,X2*) the consumer is maximizing his utility subject to his budget constraint and the price ratio exceeds the absolute value of his marginal rate of substitution. Use a graph to illustrate this consumer's optimal choice..
Compare the view of the inflation-unemployment tradeoff illustrated by the Phillips curve with Milton Friedman's view, expressed in his Nobel lecture.
What four worlds does the vocalic world of interpretation include and explain. Drawing might help here but will not be sufficient. Explain the covenants mentioned in scripture and where they climax?
Discuss the impact of the minimum wage when there are two sectors in the economy, one is subjected to the minimum wage and the other is not.
Why is it profitable for the firm to pay efficiency wage when workers have better information about their productivity than the firm's do
A monopolist cubic cost function is TC = 0.08Q3:- 8.2Q2:+ 2000Q + 32000 If the market demand function for the firm's product is P = 3400 - 4Q- Derive the firm's trace function.
Determine how you would assess demand for and the cost to produce your product or deliver your service. Provide specific examples to support your response.
Why can feedback effects make a general equilibrium analysis substantially different from a partial equilib- rium analysis?
If the elasticity of crime with respect to the number of police is estimated to be -0.5 and the number of police fell by 5% and annual expenditures on police are equal to $60 billion and the cost of crime to victims is estimated to $400 billion then ..
In your answers round to the nearest tenth of a percent when calculating the percent value. What is the number of employed people in Thomasville? Explain how you got your answer. What is the number of unemployed people in Thomasville? Explain how you..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd