Solved

Your Firm Sells Club Soda in Both Grocery Stores and Convenience

Question 19

Multiple Choice


Your firm sells club soda in both grocery stores and convenience stores. You have a budget of $550 for store displays, and must decide how to allocate this budget between grocery stores and convenience stores to maximize the total number of sales. The following table shows the total number of units that can be sold in grocery stores and convenience stores, according to the number of displays in each type of store. Displays in grocery stores cost $150 each and displays in convenience stores cost $100 each.

 number of  Number of  Total number of  displays in  Total number of  displays in  units sold in  convenience  units sold in  grocery stores  grocery stores  stores  convenience stores 1500l4002900278031,25031,13041,55041,46051,75051,76061,85061.960\begin{array}{cccc}&&\text { number of }\\\text { Number of } & \text { Total number of } & \text { displays in } & \text { Total number of } \\\text { displays in } & \text { units sold in } & \text { convenience } & \text { units sold in } \\\text { grocery stores } & \text { grocery stores } & \text { stores } & \text { convenience stores }\\\hline 1 & 500 & l & 400 \\2 & 900 & 2 & 780 \\3 & 1,250 & 3 & 1,130 \\4 & 1,550 & 4 & 1,460 \\5 & 1,750 & 5 & 1,760 \\6 & 1,850 & 6 & 1.960\end{array}
-To maximize the total number of sales, you should choose


A) 3 grocery store displays and 2 convenience store displays.
B) 3 grocery store displays and 3 convenience store displays.
C) 3 grocery store displays and 4 convenience store displays.
D) 1 grocery store display and 4 convenience store displays.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions