If during the following year it is predicted that each comedy skit will generate $30 thousand and each musical numbe $20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs $3000, and brings in $20,000 from the show's sponsors. Each musical number requires 1 hour of rehearsal time, costs $6000, and generates $12,000. If 250 hours are available for rehearsal and $600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.

If during the following year it is predicted that each comedy skit will generate $30 thousand and each musical numbe $20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs $3000, and brings in $20,000 from the show's sponsors. Each musical number requires 1 hour of rehearsal time, costs $6000, and generates $12,000. If 250 hours are available for rehearsal and $600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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