Question
Otto needs to order at least 16 sandwiches for a meeting. He will order an assortment of two types: egg salad for $3 each, and
Otto needs to order at least 16 sandwiches for a meeting. He will order an assortment of two types: egg salad for $3 each, and tuna salad for $5 each. Otto wants to order at least 8 more tuna salad sandwiches than egg salad sandwiches, but not more than 12 egg salad sandwiches. How many sandwiches of each type should Otto order to minimize the cost?
Number of egg salad sandwiches:
Number of tuna salad sandwiches:
Minimum cost in dollars:
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
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