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Category > Business & Finance Posted 25 May 2017 My Price 7.00

P r oject Selection with Resou r ce Const r aint

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?

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Status NEW Posted 25 May 2017 06:05 PM My Price 7.00

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