Write the word or phrase that best completes each statement or answers the question.
-The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They canproduce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to makeone VIP ring and 2 man-hours to make one SST ring. How many of each type of ring should be madedaily to maximize the companyʹs profit, if the profit on a VIP ring is $40 and on an SST ring is $35?
A)12 VIP and 12 SST
B)14 VIP and 10 SST
C)16 VIP and 8 SST
D)18 VIP and 6 SST

Question

Quizplus · Accepted Answer

The company can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring and 2 man-hours to make one SST ring. So, the company can produce up to 20 VIP rings (60 man-hours / 3 man-hours per ring) or up to 30 SST rings (60 man-hours / 2 man-hours per ring) each day. The profit on a VIP ring is $40 and on an SST ring is $35. So, the company will maximize its profit by producing the maximum number of VIP rings (20) and the remaining number of SST rings (4).

Write the Word or Phrase That Best Completes Each Statement