Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 17 Feb 2018 My Price 5.00

Natasha’s Flowers

P r oject Selection with Resou r ce Const r aints

Natasha’s Flowers, a local florist, purchases fresh flowers each day at the local flower market.

The buyer has a budget of $1000 per day to spend. Different flowers have different profit margins, and also a maximum amount the shop can sell. Based on past experience, the shop has estimated the following NPV of purchasing each type:

 

NPV per Bunch

Cost per Bunch

Max. Bunches

Roses

$ 3

$20

25

Lilies

8

30

10

Pansies

4

30

10

Orchids

20

80

5

What combination of flowers should the shop purchase each day?

Answers

(5)
Status NEW Posted 17 Feb 2018 11:02 PM My Price 5.00

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