Cully Furniture Buys Two Products for Resale: Big Shelves (B)

question 84

Multiple Choice

Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M) . Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75,000 to invest in shelves this week, and the warehouse has 18,000 cubic feet available for storage. Profit for each big shelf is $300 and for each medium shelf is $150. In order to maximize profit, how many big shelves (B) and how many medium shelves (M) should be purchased?

• A) B = 90, M = 75
• B) B = 150, M = 0
• C) B = 0, M = 200
• D) B = 100, M = 100

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Definitions:

Managing The Resource

The process of efficiently and effectively overseeing and utilizing available resources, such as human, financial, and material assets, to achieve goals.

Abdication

The act of formally giving up on power, responsibility, or duties, often related to monarchical or leadership positions.

Intellectual Stimulation

The degree to which leaders or environments encourage innovation, creativity, and critical thinking.

Individualized Consideration

A leadership approach that involves recognizing and addressing the unique needs, strengths, and aspirations of each follower.