Question 459824: I would love to know if I did this problem correctly:
The XYZ Corporation plans to open three different types of fast-food restaurants. Each type
A restaurant requires an initial cash outlay of $600,000, needs 15 employees, and is expected to make
an annual profit of $45,000. Each type B restaurant requires an initial cash outlay of $400,000, needs
9 employees, and is expected to make an annual profit of $35,000. Each type C restaurant requires an
initial cash outlay of $300,000, needs 5 employees, and is expected to make an annual profit of
$25,000. The XYZ Corporation has $48,000,000 available for initial outlays, does not want to hire
more than 1000 new employees, and would like to open at most 70 restaurants. How many restaurants of each type should the XYZ Corporation open in order to maximize the expected annual profit?
Let x = number of type A restaurants, y = number of type B restaurants, and z = number of type C
restaurants.
I said
{x+y <=40
x+y >=10
x <= 30
y <= 25
x,y>= 0
Answer by solver91311(24713)   (Show Source):
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