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Page n > of 3 1) A manufacturer produces two kinds of clocks, standard and mantel. The standard clocks require five hours of labor and
Page n > of 3 1) A manufacturer produces two kinds of clocks, standard and mantel. The standard clocks require five hours of labor and require 40 linear feet of wood, while the wall clocks need two hours of labor and require eight linear feet of wood. The profit is $60 on each standard clock and $11 on each mantel clock. Each week there are 5000 square feet of wood and 600 hours of labor available. How many boxes of each kind should be made in order to maximize profit? Include a graph with shading, and label what's important. (3 pts) 2) Henrietta, TX, had a population of 62,000 people in the year 2010. Due to high unemployment, the city's population has been decreasing at the rate of 2% per year. Using this model, find the population of this city now. (8 pts) 3) You know that you will need $40,000 for your child's education in 18 years. If your account earns 4% compounded continuously, how much would you need to deposit now to reach your goal? (8 pts) 0 ZOOM +
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