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5 Cards in this Set
- Front
- Back
- 3rd side (hint)
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A jewelry store makes necklace and bracelets from gold and platinum. The store has 18 ounces of gold and 20 ounces of platinum. Each necklace requires 3 ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than 4. A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in order to maximize profit. Solve this model using POM/QM and answer the following questions.
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How many necklaces should be produced?
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Correct Answer: 4
Answer range +/- 0 (4 - 4) |
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A jewelry store makes necklace and bracelets from gold and platinum. The store has 18 ounces of gold and 20 ounces of platinum. Each necklace requires 3 ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than 4. A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in order to maximize profit. Solve this model using POM/QM and answer the following questions.
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How many bracelets should be produced?
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Correct Answer: 3
Answer range +/- 0 (3 - 3) |
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A jewelry store makes necklace and bracelets from gold and platinum. The store has 18 ounces of gold and 20 ounces of platinum. Each necklace requires 3 ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than 4. A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in order to maximize profit. Solve this model using POM/QM and answer the following questions.
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What is the maximum profit that should be made (do not include any decimals)?
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Correct Answer: 2400
Answer range +/- 0 (2400 - 2400) |
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A jewelry store makes necklace and bracelets from gold and platinum. The store has 18 ounces of gold and 20 ounces of platinum. Each necklace requires 3 ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than 4. A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in order to maximize profit. Solve this model using POM/QM and answer the following questions.
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How much should you be willing to pay for an additional ounce of gold? (do not include decimals)
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Correct Answer: 50
Answer range +/- 0 (50 - 50) |
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A jewelry store makes necklace and bracelets from gold and platinum. The store has 18 ounces of gold and 20 ounces of platinum. Each necklace requires 3 ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than 4. A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in order to maximize profit. Solve this model using POM/QM and answer the following questions.
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If necklaces earned $400 in profit, how many necklaces should be produced?
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Correct Answer: 4
Answer range +/- 0 (4 - 4) |
