Rae Dunn makes coffee cups and salad plates out of pottery. It can take her 6 minutes to produce a coffee cup and 3 minutes to produce a salad plate. When making the cups, she will need 34 lb of clay. To make a plate, she will need one lb of clay. She only wants to spend 20 hours a week making the cups and plates. She only found that she had 250 lbs of clay for this project. Rae Dunn does make a profit of $2.00 for each coffee cup and $1.50 for each plate. Let's help Rae Dunn determine what her maximum profit will be.
Rae Dunn makes coffee cups and salad plates out of pottery. It can take her 6 minutes to produce a coffee cup and 3 minutes to produce a salad plate. When making the cups, she will need 34 lb of clay. To make a plate, she will need one lb of clay. She only wants to spend 20 hours a week making the cups and plates. She only found that she had 250 lbs of clay for this project. Rae Dunn does make a profit of $2.00 for each coffee cup and $1.50 for each plate. Let's help Rae Dunn determine what her maximum profit will be.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Rae Dunn makes coffee cups and salad plates out of pottery. It can take her 6 minutes to produce a coffee cup and 3 minutes to produce a salad plate. When making the cups, she will need 34 lb of clay. To make a plate, she will need one lb of clay. She only wants to spend 20 hours a week making the cups and plates. She only found that she had 250 lbs of clay for this project. Rae Dunn does make a profit of $2.00 for each coffee cup and $1.50 for each plate. Let's help Rae Dunn determine what her maximum profit will be.
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