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Problem # 3 The Gardner Theater, a community playhouse, needs to determine the lowest - cost production budget for an upcoming show. Specifically, they have

Problem #3
The Gardner Theater, a community playhouse, needs to determine the lowest-cost production budget for an upcoming show. Specifically, they have to determine which set pieces to construct and which, if any, set pieces to rent from another local theater at a predetermined fee. The set design requires twenty (20) flats, two (2) hanging drops, and three (3) props. The production costs and rental prices for the components are summarized in Table A below.
TABLE A: Production Costs and Rental Prices for Gardner Theater Components
\table[[Component,Cost per Unit],[,\table[[Make],[(regular time)]],Rent],[Flats,$35.00,$75.00
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