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, versus 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 and on an SST ring is $30?
A. 10 VIP and 14 SST
B. 14 VIP and 10 SST
C. 14 VIP and 14 SST
D. 12 VIP and 12 SST
Answer: D
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Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:
After all is said and done, the final allocation to player A is
A. $65,000 in cash. B. the cabin plus $20,000 in cash. C. the cabin plus $10,000 in cash. D. the cabin plus $5000 in cash. E. none of these
Rainbow Inc.'s sales equal $200,000 each month. Rainbow generally permits credit purchases with terms of 3/10 net 30. Ten (10) percent of total sales are for cash, and the remaining 90 percent pay on credit. Of the credit sales, 20 percent are paid on Day 10 of the billing cycle, and the rest pay on Day 30 (in the following month). What is the amount of the discounts that Rainbow's customers normally take?
A. $850 B. $720 C. $560 D. $485 E. $900
Write out the first five terms of the sequence.an = 3n- 3
A. 0, 3, 6, 9, 12 B. 0, -3, -6, -9, -12 C. 0, 1, 2, 3, 4 D. 6, 9, 12, 15, 18
Solve each problem.A rectangular field is to be enclosed on four sides with a fence. Fencing costs for two opposite sides, and
for the other two sides. Find the dimensions of the field of area
that would be the cheapest to enclose.
A. 15.7 ft @ $7 by 54.9 ft @ $2 B. 8.4 ft @ $7 by 102.6 ft @ $2 C. 54.9 ft @ $7 by 15.7 ft @ $2 D. 102.6 ft @ $7 by 8.4 ft @ $2