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USE Profitability Index PLEASE Natasha's Flowers, a local florist, purchases fresh flowers each day at the local flower market. The buyer has a budget of
USE Profitability Index PLEASE
Natasha's Flowers, a local florist, purchases fresh flowers each day at the local flower market. The buyer has a budget of $1,075 per day to spend. Different flowers have different profit margins, and also a maximum amount the shop can sell. Based on past experience the shop has estimated the following NPV of purchasing each type: NPV per Max. Bunches bunch Roses 25 Cost per bunch $19 $30 $35 $85 10 $2 $10 $5 $19 Lilies Pansies 10 Orchids 5 What combination of flowers should the shop purchase each dayStep by Step Solution
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