Question
What is the total purchasing cost? What is the total revenue from sales? How much weight do you use? How much money do you spend
What is the total purchasing cost?
What is the total revenue from sales?
How much weight do you use?
How much money do you spend on item 3?
You have a container that you want to put on a ship. The container has a volume of 2500 gallons, and can carry 1500 pounds. You have a budget of $2000 to load merchandise. In the following table you have the cost of each item, its selling price, its volume and weight. You must spend between $300 and $800 on each item. Maximize profit (not selling price). The number of items does not have to be integer. Cost price volume weight item 1 item 2 $3.00 $ 5.00 2 6 item 3 $ 4.20 $ 6.40 $ 4.00 $ 5.20 3 $ 2.50 $4.00 item 4 3 2 5 4
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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