Q3: Alshrooq company plans to sell two types of personal phones - Iphone model and a Galaxy model that will cost ID.2500 and ID.4000 respectively. He estimates that the total monthly demand of phones will not exceed 250 units. Determine the number of units of each type of phones which Alshrooq should stock to get maximum profit if he does not want to invest more than ID.70 and if his profit on the Iphone model is ID.450 and on Galaxy model is ID.500. use the graphical method.
Q3: Alshrooq company plans to sell two types of personal phones - Iphone model and a Galaxy model that will cost ID.2500 and ID.4000 respectively. He estimates that the total monthly demand of phones will not exceed 250 units. Determine the number of units of each type of phones which Alshrooq should stock to get maximum profit if he does not want to invest more than ID.70 and if his profit on the Iphone model is ID.450 and on Galaxy model is ID.500. use the graphical method.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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