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Assuming that these data are indicative of what will happen to these stocks over the next three years what is the smallest investment, in dollars,

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Assuming that these data are indicative of what will happen to these stocks over the next three years what is the smallest investment, in dollars, that the members would have to make in one or both of these two stocks to meet their investment goals? 2-28 Treetops Hammocks produces lightweight nylon hammocks designed for campers, scouts, and hikers. The hammocks come in two styles: double and sin- gle. The double hammocks sell for $225 each. They incur a direct labor cost of $101.25 and a produc- tion cost of $38.75, and they are packed with hang- ing apparatus and storage bags, which cost $20. The single hammocks sell for $175 each. Their direct labor costs are $70 and production costs are $30, and they too are packed with the same hanging appara tus and storage bags, which cost $20. Each double hammock uses 3.2 hours of production time: each single hammock uses 2.4 hours of production time. Treetops plans for no more than 960 labor hours per production cycle. Treetops wants to maximize its profit while making no more than 200 single ham- mocks and no more than 400 total hammocks per production cycle. (a) How many of each hammock should Treetops make? (b) If the restriction on single hammocks were removed, what would be the optimal production plan

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