A manufacturer of bicycles builds one- - three- - and ten-speed models of both aluminum and steel. The company has available 91 - 800 units of steel and 42000 units of aluminum. The one- - three- - and tenspeed models respectively need 20 - 30 - and 40 units of steel and 12 - 21 - and 16 units of aluminum. The company makes a profit of $8 per one-speed bike - $12 per three-speed bike - and $24 per ten-speed bike. What is the maximum possible profit?

🎲 Try a Random Question  |  Total Questions in Quiz: 63  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Introduction to Business Math — practice the complete quiz, review flashcards, or try a random question.


A manufacturer of bicycles builds one- - three- - and ten-speed models of both aluminum and steel. The company has available 91 - 800 units of steel and 42000 units of aluminum. The one- - three- - and tenspeed models respectively need 20 - 30 - and 40 units of steel and 12 - 21 - and 16 units of aluminum. The company makes a profit of $8 per one-speed bike - $12 per three-speed bike - and $24 per ten-speed bike. What is the maximum possible profit?






ADVERTISEMENT