This question is from Problem Solving and Decision Making Third Edition by Jeff Butterfield

Independent Challenge 1 Help Lawrence Media analyze data to make a decision. Complete the following steps. 1. Save this file with a new name Click the File tab, click Save As, add your name to the end of the filename, then click Save. For example, save this file as PS5-IC1 Sharon Rodriguez.docx. 2. Get ready Analyze the monthly sales of shirts, including t-shirts and polo shirts, shown in Figure 5-17 (duplicated below). Identify the decision variables, constants, and output variables. A D 1 2 Lawrence Media 3 4 T-shirt price S 10.00 Total Revenue $ 500 5 Number of t-shirts to sell: 6 Subtotal: $ 5,000.00 T-shirts 7 Polo shirts 8 Polo shirt price $ 12.50 Total shirts 9 Number of shirts to sell: 750 10 Subtotal: $ 9,375.00 Maximums 11 Total shirts 1500 12 Personalized polo shirt price $ 15.00 T-shirts 1000 250 Personalized polo shirts 250 13 Number of shirts to sell: 14 Subtotal: $ 3,750.00 Now you try it In the following space, answer these questions: What are the constants, decision variables, and output variables? How much money can Lawrence Media make per month from the sales of shirts? Which type of shirt should they promote the most aggressively? Click here to answer the questions. 3. B C E $ 18,125 500 1,000 1,500 Independent Challenge 1 Help Lawrence Media analyze data to make a decision. Complete the following steps. 1. Save this file with a new name Click the File tab, click Save As, add your name to the end of the filename, then click Save. For example, save this file as PS5-IC1 Sharon Rodriguez.docx. 2. Get ready Analyze the monthly sales of shirts, including t-shirts and polo shirts, shown in Figure 5-17 (duplicated below). Identify the decision variables, constants, and output variables. A D 1 2 Lawrence Media 3 4 T-shirt price S 10.00 Total Revenue $ 500 5 Number of t-shirts to sell: 6 Subtotal: $ 5,000.00 T-shirts 7 Polo shirts 8 Polo shirt price $ 12.50 Total shirts 9 Number of shirts to sell: 750 10 Subtotal: $ 9,375.00 Maximums 11 Total shirts 1500 12 Personalized polo shirt price $ 15.00 T-shirts 1000 250 Personalized polo shirts 250 13 Number of shirts to sell: 14 Subtotal: $ 3,750.00 Now you try it In the following space, answer these questions: What are the constants, decision variables, and output variables? How much money can Lawrence Media make per month from the sales of shirts? Which type of shirt should they promote the most aggressively? Click here to answer the questions. 3. B C E $ 18,125 500 1,000 1,500