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There Are Three Items (A, B, and C) That Are

question 73

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There are three items (A, B, and C) that are to be shipped by air. The weights of these are 4, 5, and 3 tons, respectively. The profits (in thousands of dollars) generated by these are 3 for A, 4 for B, and 2 for C. There are four units of each available for shipment. Only 12 tons may be loaded on the plane. The maximum possible profit for this would be

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Definitions:

Low Premium

Pertains to the relatively small amount paid for insurance coverage or other financial products, compared to higher-coverage options.

High Deductible

A health insurance plan feature requiring the policyholder to pay a significant amount of money before the insurance coverage begins.

High Premium

A term used in insurance to describe the higher cost paid by the insured for a policy with greater coverage or higher risk protection.

No Deductible

A policy condition in insurance where the policyholder is not required to pay any amount before the insurance company starts covering the insured loss.

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