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Kings Department Store Has 625 Rubies, 800 Diamonds, and 700

question 15

Essay

Kings Department Store has 625 rubies, 800 diamonds, and 700 emeralds from which they will make bracelets and necklaces that they have advertised in their Christmas brochure.Each of the rubies is approximately the same size and shape as the diamonds and the emeralds.Kings will net a profit of $250 on each bracelet, which is made with 2 rubies, 3 diamonds, and 4 emeralds, and $500 on each necklace, which includes 5 rubies, 7 diamonds, and 3 emeralds.How many of each should Kings make to maximize its profit?

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Definitions:

Competitive Advantage

The attributes that allow an organization to outperform its competitors, such as superior products, processes, or technology.

Intellectual Property

A category of property that includes intangible creations of the human intellect, such as inventions, literary and artistic works, designs, and symbols, names, and images used in commerce.

A legal right granted to creators for the protection of their original works from unauthorized use or distribution.

Intellectual Property

Pertains to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names, and images used in commerce.