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Cully furniture buys two products for resale: big shelves (B) and medium shelves

ID: 437724 • Letter: C

Question

Cully furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75,000 to invest in shelves this week, nd the the warehouse has 18,000 cubic feet available for storage. Profit for each big shelf is $300 and for each medium shelf is $150. What is the maximum profit?

a. $25,000
b. $35,000
c. $45,000
d. $55,000
e. $65,000

Explanation / Answer

c. $45,000 150 big shelves and no medium shelves. Profit = $45,000

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