Bill, the manager of a frozen treat shop in Palo Alto wants to know how much profit he will make if he sold everything he has in stock in a single day. Bill has determined that the profit can be computed with this formula: TP = TR - TC Each order of cookie ice cream contains 6 ounces of ice cream and 2 pieces of cookies. Bill sells the ice cream treat for $4 each. He also sells the cookies just by themselves without the ice cream for $1.50 per pack of 2. Every day, Bill starts the day with the following stock level:   12 lbs of assorted flavored ice cream  80 pcs of cookies   Each lb of ice cream costs $1.50. Cookies cost $0.25 each.  How much profit can Bill make from the store if all the available stock is sold in a single day? Explain your answer.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Bill, the manager of a frozen treat shop in Palo Alto wants to know how much profit he will make if he sold everything he has in stock in a single day.

Bill has determined that the profit can be computed with this formula: TP = TR - TC

Each order of cookie ice cream contains 6 ounces of ice cream and 2 pieces of cookies. Bill sells the ice cream treat for $4 each. He also sells the cookies just by themselves without the ice cream for $1.50 per pack of 2.

Every day, Bill starts the day with the following stock level:

 

  • 12 lbs of assorted flavored ice cream 
  • 80 pcs of cookies

 

Each lb of ice cream costs $1.50. Cookies cost $0.25 each. 

How much profit can Bill make from the store if all the available stock is sold in a single day?

Explain your answer. 

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