Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

A retailer plans to sell two models of earbuds at costs of $250 and 5400.
The $250 model yields a profit of $45 and the $400 model yields a profit of
$50. The retailer estimates that the total monthly demand will not exceed
250 units. Find the number of units each model that should be stocked in
order to maximize profit, given that the retailer is not investing more than
$70,000 in inventory

Sagot :

francocanacari

200 $ 250 earbuds and 50 $ 400 earbuds should be stocked.

Given that a retailer plans to sell two models of earbuds at costs of $ 250 and $ 400, and the $ 250 model yields a profit of $ 45 and the $ 400 model yields a profit of $ 50, and the retailer estimates that the total monthly demand will not exceed 250 units, to find the number of units each model that should be stocked in order to maximize profit, given that the retailer is not investing more than $ 70,000 in inventory, the following calculation should be performed:

  • 250 x 250 + 0 x 400 = 62,500
  • 200 x 250 + 50 x 400 = 70,000

Therefore, 200 $ 250 earbuds and 50 $ 400 earbuds should be stocked.

Learn more about maths in https://brainly.com/question/25865591

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.