A poker company assembles three different poker sets. Each Royal Flush poker set contains 1000 poker chips, 10 decks of cards, 4 dice, and 2 dealer buttons. Each Deluxe Diamond poker set contains 600 poker chips, 5 decks of cards, 2 dice, and one dealer button. The Full House poker set contains 300 poker chips, 5 decks of cards, 2 dice, and one dealer button. The company has 2,700,000 poker chips, 25,000 decks of cards, 10,000 dice, and 7000 dealer buttons in stock They earn a profit of $38 for each Royal Flush poker set, $22 for each Deluxe Diamond poker set, and $12 for each Full House poker set. Complete parts (a) and (b) below

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Chapter1: Making Economics Decisions
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A poker company assembles three different poker sets. Each Royal Flush poker set contains 1000 poker chips, 10 decks of cards, 4 dice, and 2 dealer buttons.
← Each Deluxe Diamond poker set contains 600 poker chips, 5 decks of cards, 2 dice, and one dealer button. The Full House poker set contains 300 poker chips,
5 decks of cards, 2 dice, and one dealer button. The company has 2,700,000 poker chips, 25,000 decks of cards, 10,000 dice, and 7000 dealer buttons in stock
They earn a profit of $38 for each Royal Flush poker set, $22 for each Deluxe Diamond poker set, and $12 for each Full House poker set. Complete parts (a)
and (b) below
CIE
(a) How many of each type of poker set should they assemble to maximize profit? What is the maximum profit?
Begin by finding the objective function. Let x, be the number of Royal Flush poker sets, let x, be the number of Deluxe Diamond poker sets, and let x, be the
number of Full House poker sets What is the objective function?
(Do not include the $ symbol in your answers)
Transcribed Image Text:A poker company assembles three different poker sets. Each Royal Flush poker set contains 1000 poker chips, 10 decks of cards, 4 dice, and 2 dealer buttons. ← Each Deluxe Diamond poker set contains 600 poker chips, 5 decks of cards, 2 dice, and one dealer button. The Full House poker set contains 300 poker chips, 5 decks of cards, 2 dice, and one dealer button. The company has 2,700,000 poker chips, 25,000 decks of cards, 10,000 dice, and 7000 dealer buttons in stock They earn a profit of $38 for each Royal Flush poker set, $22 for each Deluxe Diamond poker set, and $12 for each Full House poker set. Complete parts (a) and (b) below CIE (a) How many of each type of poker set should they assemble to maximize profit? What is the maximum profit? Begin by finding the objective function. Let x, be the number of Royal Flush poker sets, let x, be the number of Deluxe Diamond poker sets, and let x, be the number of Full House poker sets What is the objective function? (Do not include the $ symbol in your answers)
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