Examlex

Solved

The Operations Manager of a Mail Order House Purchases Double

question 64

Multiple Choice

The operations manager of a mail order house purchases double (D) and twin (T) beds for resale. Each double bed costs $500 and requires 100 cubic feet of storage space. Each twin bed costs $300 and requires 90 cubic feet of storage space. The manager has $75,000 to invest in beds this week, and her warehouse has 18,000 cubic feet available for storage. Profit for each double bed is $300 and for each twin bed is $150.
-What is the weekly profit when ordering the optimal amounts?


Definitions:

False Consciousness

A concept in Marxist theory referring to the scenario where members of the proletariat or lower classes misperceive their real position in society and the true nature of their exploitation.

Marx's Idea

The concept developed by Karl Marx that centers around the role of class struggle in societal development, emphasizing the conflicts between the capitalist class and the working class.

Religious Identity

An individual's self-concept based on their affiliation with, beliefs in, and practices of a religion.

Latinos

Individuals from Latin American origin or descent, often residing in the United States, known for a diverse array of cultural backgrounds and traditions.

Related Questions