Problem. 6: Gator Office Supplies sells two models of fax machines. The wholesale cost of the Blue model is $ 100 and the cost of the Orange model is $ 150. The retail price of the Blue is $130 and of the Orange is $ 190. In any given month the store sells at most 2500 machines total and because of budget concerns management has earmarked no more than $ 600,000 per month to purchase inventory. How many units of each model should the manager order each month in order to maximize monthly profit? Blue Orange ? ?

Problem. 6: Gator Office Supplies sells two models of fax machines. The wholesale cost of the Blue model is $ 100 and the cost of the Orange model is $ 150. The retail price of the Blue is $130 and of the Orange is $ 190. In any given month the store sells at most 2500 machines total and because of budget concerns management has earmarked no more than $ 600,000 per month to purchase inventory. How many units of each model should the manager order each month in order to maximize monthly profit? Blue Orange ? ?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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