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A stereo mail order centre has 8,000 cubic feet available for storage of its private label loudspeakers. The ZAR3 speakers cost $295 each and require 4 cubic feet of space; the ZAR2ax speakers cost $110 each and require 3 cubic feet of space; and the ZAR4 model costs $58 and requires 1 cubic foot of space. The demand for the ZAR3 is at most 20 units per month. The wholesaler has $100,000 to spend on loudspeakers this month. Each ZAR3 contributes $105, each ZAR2ax contributes $50, and each ZAR4 contributes $28. The objective is to maximize total contribution. Write out the objective and the constraints.
Decision Avoidance
The phenomenon where an individual or group deliberately chooses not to make a decision, often to avoid responsibility or negative outcomes.
Certainty Effect
The tendency for people to overweight outcomes that are certain relative to outcomes that are merely probable.
Entity Theorists
Individuals who believe traits and abilities are fixed and unchangeable.
Incremental Theorists
People who believe that abilities and intelligence can grow and change through effort and experience.
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