Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 2 A motorbike dealer stocks two types of bike: automatic and 4-stroke and is trying to decide how many of each to order. He

image text in transcribed

QUESTION 2 A motorbike dealer stocks two types of bike: automatic and 4-stroke and is trying to decide how many of each to order. He needs to order the bikes for delivery one month in advance. He knows he will sell at least 40 bikes altogether in a week, so he will not order less than this amount. His contract with his manufacturer says he must take at least 30 automatic ones, and he does not have space for more than 160 bikes in total. Find the feasible region graphically. [10 marks] If the dealer makes $150 profit on an automatic and $250 profit on a 4-stroke, what should he stock to maximise profit? (15 marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Equity Audits In The Classroom To Reach And Teach All Students

Authors: Kathryn B. McKenzie, Linda E. Skrla

1st Edition

141298677X, 978-1412986779

More Books

Students also viewed these Accounting questions