Question: A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown below: Basic Deluxe

A company produces three types of pencil holders: basic, deluxe, and supreme. All types require plastic, rubber, and silver as shown below: Basic Deluxe Supreme Plastic Rubber 1 2 2 2 Number of Basic pencil holders = The company has 1000 units of plastic, 1200 units of rubber, and 2400 units of silver. It makes a profit of $7, $8, and $4 respectively on basic, deluxe, and supreme pencil holders. Assuming that all pencil holders which are manufactured can be sold, determine the number of each type of pencil holder the company should produce to maximize its profit. Number of Deluxe pencil holders = 1 Number of Supreme pencil holders = Silver 2 4 (1 point) A hardware store will run an advertising campaign using radio and newspaper. Every dollar spent on radio advertising will reach 40 people in the "Gen X" market, and 40 people in the "millennials" market. Every dollar spent on newspaper advertising will reach 60 people in the "Gen X" market, and 20 people in the "millennials" market. If the store wants to reach at least 59,000 people in the "Gen X" market and 80,000 people in the "millennials" market, how much should it spend on each type of advertising to minimize the cost? Minimum amount spent on advertising (in dollars): Dollars spent on radio advertising: Dollars spent on newspaper advertising:

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