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Score: 0 of 1 pt 70f 7 (4 complete) Hw Score: 50%, 3.5 of 7 pts Bus Econ 4.2.25

ID: 2264663 • Letter: S

Question

Score: 0 of 1 pt 70f 7 (4 complete) Hw Score: 50%, 3.5 of 7 pts Bus Econ 4.2.25 Question Help A poker company assembles three different poker sets. Each Royal Flush poker set contains 1000 poker chips, 10 decks of cards, 4 dioe, and 2 dealer buttons. Each Deluxe Diamond poker set contains 600 poker chips, 5 decks of cards, 2 dice, and one dealer button. The Full House poker set contains 300 poker chips, 5 cards, 2 dice, and one dealer button. The company has 2.900,000 poker chips, 25,000 decks of cards, 10,000 dice, and 6500 dealer buttons in stock. They earn a profit of $38 for each Royal Flush poker set, $22 for each Deluxe Diamond poker set, and $12 for each Full House poker set. Complete parts (a) and (b) below. (a) How many of each type of poker set should they assemble to maximize profit? What·the maximum prom? Begin by fndingthe objedive tnction Let x, be the number of Royal Flush poker sets. ln be the number af Deluxe Dlamond poker sets, and st th bo number of Full House poker sets. What is the objective function? (Do not include the S symbol in your answers)

Explanation / Answer

the objective function is to maximize ,

z = 38x1 + 22x2 + 12x3

as it is mentioned in the question as profit is earned of $38 for each royal flush poker set (x1), $22 for each deluxe diamond  poker set (x2) and $12 for each full house poker set (x3)

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