A company makes three types of candy and packages them in three assortments. Assortment I contains 4 cherry, 4 lemon, and 12 lime candies, and sells for a profit of $4.00. Assortment II contains 12 cherry, 4 lemon, and 4 lime candies, and sells for a profit of $3.00. Assortment III contains 8 cherry, 8 lemon, and 8 lime candies, and sells for a profit of $5.00. They can make 5,000 cherry, 4,000 lemon, and 5,400 lime candies weekly. How many boxes of each type should the company produce each week in order to maximize its profit (assuming that all boxes produced can be sold)? What is the maximum profit? Select the correct choice below and fill in any answer boxes within your choice. O A. The maximum profit is $ when boxes of assortment I, boxes of assortment Il and boxes of assortment III are produced. O B. There is no way for the company to maximize its profit.

A company makes three types of candy and packages them in three assortments. Assortment I contains 4 cherry, 4 lemon, and 12 lime candies, and sells for a profit of $4.00. Assortment II contains 12 cherry, 4 lemon, and 4 lime candies, and sells for a profit of $3.00. Assortment III contains 8 cherry, 8 lemon, and 8 lime candies, and sells for a profit of $5.00. They can make 5,000 cherry, 4,000 lemon, and 5,400 lime candies weekly. How many boxes of each type should the company produce each week in order to maximize its profit (assuming that all boxes produced can be sold)? What is the maximum profit? Select the correct choice below and fill in any answer boxes within your choice. O A. The maximum profit is $ when boxes of assortment I, boxes of assortment Il and boxes of assortment III are produced. O B. There is no way for the company to maximize its profit.

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Description: A company makes three types of candy and packages them in three assortments. Assortment I contains 4 cherry, 4 lemon, and 12 lime candies, and sells for a profit of$4.00. Assortment II contains 12 cherry, 4 lemon, and 4 lime candies, and sells for a

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

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A company makes three types of candy and packages them in three assortments. Assortment I contains 4 cherry, 4 lemon, and 12 lime candies, and sells for a profit of
$4.00. Assortment II contains 12 cherry, 4 lemon, and 4 lime candies, and sells for a profit of $3.00. Assortment III contains 8 cherry, 8 lemon, and 8 lime candies, and
sells for a profit of $5.00. They can make 5,000 cherry, 4,000 lemon, and 5,400 lime candies weekly. How many boxes of each type should the company produce each
week in order to maximize its profit (assuming that all boxes produced can be sold)? What is the maximum profit?
Select the correct choice below and fill in any answer boxes within your choice.
O A. The maximum profit is $
when
boxes of assortment I,
boxes of assortment Il and
boxes of assortment III are produced.
O B. There is no way for the company to maximize its profit.

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