osmetic store. Let x represent the number of eyeliner you sell and y represent the number of mascara you sell. Suppose you make $3 on each eyeliner and lose $1 on each mascara sold. What is the equation that you want to maximize in order to maximize your profit? (d) Given the constraints above in part a, how many eyeliner and mascara should you sell in order to make the largest profit? (e) What is the amount of the largest profit?

Essentials Of Business Analytics
1st Edition
ISBN:9781285187273
Author:Camm, Jeff.
Publisher:Camm, Jeff.
Chapter11: Monte Carlo Simulation
Section: Chapter Questions
Problem 2P
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Assume you are the owner of a cosmetic store. Let x represent the
number of eyeliner you sell and y represent the number of mascara you
sell. Suppose you make $3 on each eyeliner and lose $1 on each
mascara sold. What is the equation that you want to maximize in order
to maximize your profit?

(d) Given the constraints above in part a, how many eyeliner and mascara
should you sell in order to make the largest profit?

(e) What is the amount of the largest profit?

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