Question 5 StudentsCOOP produces an innovative and popular educational algorithm. The COOP hires students with an...

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Question 5 StudentsCOOP produces an innovative and popular educational algorithm. The COOP hires students with an monthly salary of 900$ to work on the project. Each student produces 1,100 lines of code per month. They rent a cheap office for 2,000$ per month. There is room for a maximum of 10 programmers. The sales price for this educational algorithm is 1.55$ per line of code. The project lasts 9 months. a) How many students should StudentCOOP hire to maximize total profit at the end of the project? b) What is the maximum total profit for this project? c) What is the maximum profit per line of code for the project? Question 5 StudentsCOOP produces an innovative and popular educational algorithm. The COOP hires students with an monthly salary of 900$ to work on the project. Each student produces 1,100 lines of code per month. They rent a cheap office for 2,000$ per month. There is room for a maximum of 10 programmers. The sales price for this educational algorithm is 1.55$ per line of code. The project lasts 9 months. a) How many students should StudentCOOP hire to maximize total profit at the end of the project? b) What is the maximum total profit for this project? c) What is the maximum profit per line of code for the project?

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To determine the optimal number of students to hire maximum total profit and maximum profit per line of code for the project we can calculate the valu... View the full answer