Question
The owner of a toy store maintains an inventory of doll houses, bears, and drum sets. The capital or cost for the doll house is
The owner of a toy store maintains an inventory of doll houses, bears, and drum sets. The capital or cost for the doll house is $50, bear is $30, and the drum set is $100. Storage fees for each item (until sale) is 1 per unit for a doll house, .5 per unit for a bear and 1 per unit for a drum set. The shop owner indicated a maximum amount of $150,000 to include as the total capital available for the complete order and a storage limit of the order cannot exceed 200 in storage unit space. The owner also provided the profit per unit for each item === doll house= $25, bear= $20 and drum set = $50.
The owner would like your assistance in determining the best order combination to achieve maximum profit for his small business. Someone suggested the tool solver to do the job. Use solver to determine the best order combination. Ensure your save your solver solution with your file. Upload your solution.
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