Question: Problem # 3 The Gardner Theater, a community playhouse, needs to determine the lowest - cost production budget for an upcoming show. Specifically, they have
Problem #
The Gardner Theater, a community playhouse, needs to determine the lowestcost production budget for an upcoming show. Specifically, they have to determine which set pieces to construct and which, if any, set pieces to rent from another local theater at a predetermined fee. The set design requires twenty flats, two hanging drops, and three props. The production costs and rental prices for the components are summarized in Table A below.
TABLE A: Production Costs and Rental Prices for Gardner Theater Components
tableComponentCost per UnittableMakeregular timeRentFlats$$
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