Mathematics, 01.04.2020 03:32 julk89
A tomato grower needs to ship early when prices are high and spoilage is low. She now has 20 tons of tomatoes on hand and can add five tons a week by waiting to ship them. The current profit is $200 per ton but it will reduce by $20 per ton for each week she delays. When should she ship to receive maximum profit?
Answers: 1
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A tomato grower needs to ship early when prices are high and spoilage is low. She now has 20 tons of...
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