USING SIMPLEX METHOD! : A Western shop wishes to purchase 300 felt and 200 straw cowboy hats. Bids have been received fr
Posted: Mon May 09, 2022 10:57 am
USING SIMPLEX METHOD! :
A Western shop wishes to purchase 300 felt and 200 straw cowboy
hats. Bids have been received from the wholesalers. Beta Hatters
has agreed to supply not more than 200 hats. Kappa Hatters not more
than 250, Delta Hatters not more than 150. The owner of the shop
has estimated that his profit per hat sold from Beta Hatters would
be P30/felt and P40/straw, from Kappa Hatters P38/felt and
P35/straw, and from Delta Hatters P40/felt nad P36/straw. The
Western shop wants to determine maximum profit.
A Western shop wishes to purchase 300 felt and 200 straw cowboy
hats. Bids have been received from the wholesalers. Beta Hatters
has agreed to supply not more than 200 hats. Kappa Hatters not more
than 250, Delta Hatters not more than 150. The owner of the shop
has estimated that his profit per hat sold from Beta Hatters would
be P30/felt and P40/straw, from Kappa Hatters P38/felt and
P35/straw, and from Delta Hatters P40/felt nad P36/straw. The
Western shop wants to determine maximum profit.