A manufacturer produces two models of television stands. The table at the left shows the times (in hours) required for assembling, staining, and packaging the two models. The total times available for assembling, staining, and packaging are
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- If you are performing a break-even analysis for a business and their cost and revenue equations are dependent, explain what this means for the company's profit margins.arrow_forwardIf you graph a revenue and cost function, explain how to determine in what regions there is profit.arrow_forwardA manufacturer of skis produces two types: downhill and cross-country. The times required for manufacturing and finishing each ski are given in the table. The maximum total weekly hours available for manufacturing and finishing the skis are 60 hours and 36 hours, respectively. The profits per ski are $40 for downhill and $80 for cross-country. Determine how many of each kind of ski should be produced to achieve a maximum profit. Manufacturing time per ski Finishing time per ski Downhill 2.5 hours 0.5 hour Cross-country 1.5 hours 1.5 hours To achieve maximum profit, the manufacturer should produce downhill skis and cross-country skis. Carrow_forward
- Elementary Geometry For College Students, 7eGeometryISBN:9781337614085Author:Alexander, Daniel C.; Koeberlein, Geralyn M.Publisher:Cengage,