A merchant plans to sell two smart phones of different models named Sams and Leno. The...

Transcribed Image Text:

A merchant plans to sell two smart phones of different models named Sams and Leno. The Sams model yields a profit of RM90 and the Leno model yields a profit of RM70. The merchant estimates at least 50 units of Sams model can be placed in a storeroom while Leno; 100 units. The merchant assumes that at least 10 Sams smart phones can be sold each month. The cost for 1 Sams smart phone is RM400, while RM500 for 1 Leno. The merchant has a storeroom that can place only 3500 smart phones at a same time. The merchant can only spend RM 20,000 for both smart phones. Find the number of units of each model that should be stocked in order to maximize profit. Sams Leno Requirement Storeroom (unit) 50 100 3500 Cost (RM) 400 500 20 000 Sell (unit) 10 Profit (RM) 90 70 A merchant plans to sell two smart phones of different models named Sams and Leno. The Sams model yields a profit of RM90 and the Leno model yields a profit of RM70. The merchant estimates at least 50 units of Sams model can be placed in a storeroom while Leno; 100 units. The merchant assumes that at least 10 Sams smart phones can be sold each month. The cost for 1 Sams smart phone is RM400, while RM500 for 1 Leno. The merchant has a storeroom that can place only 3500 smart phones at a same time. The merchant can only spend RM 20,000 for both smart phones. Find the number of units of each model that should be stocked in order to maximize profit. Sams Leno Requirement Storeroom (unit) 50 100 3500 Cost (RM) 400 500 20 000 Sell (unit) 10 Profit (RM) 90 70

Answer rating: 100% (QA)

Lets break this down stepbystep Sams model yields a profit of RM90 per unit Cost of 1 Sams unit is R... View the full answer