Examlex

Solved

Solve the Problem $40\$ 40 And on an SST Ring Is $35\$ 35

question 348

Multiple Choice

Solve the problem.
-The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring and 2 man-hours to make one SST ring. How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $40\$ 40 and on an SST ring is $35\$ 35 ?


Definitions:

Miles

A unit of distance measurement equal to 5,280 feet or approximately 1.609 kilometers, commonly used in the United States.

Second-Class Tickets

Tickets offered by transportation services, such as trains or airplanes, that offer a lower level of comfort and amenities compared to first-class at a reduced price.

First-Class Tickets

Tickets that offer premium services and amenities to passengers, typically at a higher price.

Income

Funds that an individual or business receives, usually in exchange for providing a good or service or through investing capital.

Related Questions