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24 May, 17:32

A jewelry store is selling necklaces and bracelets. Each necklace yields a profit of $8 and each bracelet yields a profit of $6. It costs $3.50 and 11 minutes to create each necklace and $2.50 and 5 minutes to create each bracelet. The store has 880 available minutes and $330 available for production. The owner also estimates that the total demand will not exceed 120 units.

How many bracelets and necklaces should the owner sell?

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  1. 24 May, 17:39
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    n = necklace

    b = bracelet

    n + b = 120

    n = 120-b

    3.50n + 2.50b = 330

    11n + 5b = 880

    3.5 (120-b) + 2.5b=330

    420-3.5b + 2.5b = 330

    420 - b = 330

    -b = - 90

    B = 90

    N = 30

    3.5*30 = 105

    2.5*90 = 225

    225 + 105 = 330

    11*30 = 330

    90*5 = 450

    450 + 330 = 780

    90 bracelets and 30 necklaces
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