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Billy's Blues Sells 3 Types of T-Shirts: Astro, Bling, and Curious

question 35

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Billy's Blues sells 3 types of T-shirts: Astro, Bling, and Curious. Manufacturing Astros requires 2 minutes of machine time and 20 minutes of labor, and costs $10. Brand Bling requires 2.5 minutes of machine time and 30 minutes of labor, and costs $14 to produce. Brand Curious requires 3 minutes of machine time and 45 minutes of labor, and costs $18 to produce. There are 300 machining hours available per week, 3750 labor hours, and he has a budget of $3000. Brand Astro sells for $15, Brand Bling for $18, and Brand Curious for $25.
The LP formulation that maximizes week profit shown below.
MAX 15A +18B + 25 C
s.t.
2A + 2.5B + 3C ≤ 300
20A + 30B + 45C ≤ 3750
10A + 14B + 18C ≤ 3000
The solution from QM for Windows is show below.
Billy's Blues sells 3 types of T-shirts: Astro, Bling, and Curious. Manufacturing Astros requires 2 minutes of machine time and 20 minutes of labor, and costs $10. Brand Bling requires 2.5 minutes of machine time and 30 minutes of labor, and costs $14 to produce. Brand Curious requires 3 minutes of machine time and 45 minutes of labor, and costs $18 to produce. There are 300 machining hours available per week, 3750 labor hours, and he has a budget of $3000. Brand Astro sells for $15, Brand Bling for $18, and Brand Curious for $25. The LP formulation that maximizes week profit shown below. MAX 15A +18B + 25 C s.t. 2A + 2.5B + 3C ≤ 300 20A + 30B + 45C ≤ 3750 10A + 14B + 18C ≤ 3000 The solution from QM for Windows is show below.        -Billy has decided that he can raise the price on the Curious t-shirt by 10% without losing sales. If he raises the price, his profits will A)  increase by 10%. B)  decrease by 10%. C)  increase by $2.50. D)  increase by $125.
Billy's Blues sells 3 types of T-shirts: Astro, Bling, and Curious. Manufacturing Astros requires 2 minutes of machine time and 20 minutes of labor, and costs $10. Brand Bling requires 2.5 minutes of machine time and 30 minutes of labor, and costs $14 to produce. Brand Curious requires 3 minutes of machine time and 45 minutes of labor, and costs $18 to produce. There are 300 machining hours available per week, 3750 labor hours, and he has a budget of $3000. Brand Astro sells for $15, Brand Bling for $18, and Brand Curious for $25. The LP formulation that maximizes week profit shown below. MAX 15A +18B + 25 C s.t. 2A + 2.5B + 3C ≤ 300 20A + 30B + 45C ≤ 3750 10A + 14B + 18C ≤ 3000 The solution from QM for Windows is show below.        -Billy has decided that he can raise the price on the Curious t-shirt by 10% without losing sales. If he raises the price, his profits will A)  increase by 10%. B)  decrease by 10%. C)  increase by $2.50. D)  increase by $125.
-Billy has decided that he can raise the price on the Curious t-shirt by 10% without losing sales. If he raises the price, his profits will


Definitions:

Self-disclosure

The process of revealing personal information to others, which can enhance intimacy and trust.

Empathic Communication

An approach to communication that involves understanding and expressing genuine concern for the feelings and perspectives of others.

Sympathetic Responding

Demonstrating compassion and understanding towards others' feelings or situations without necessarily sharing their emotional experience.

Assertive Responding

The ability to express one's feelings, wishes, and rights in a direct, honest, and respectful way.

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