Business, 11.03.2020 22:48 Leigh305

A fast-food chain has plans to expand by opening several new restaurants. The chain operates two types of restaurants, drive-through and full-service. A drive-through restaurant cost $150,000 to construct, requires 5 employees, and has an expected annual revenue of $1,200,000. A full-service restaurant costs $200,000 to construct, requires 15 employees, and has an expected annual revenue of $2,500,000. The chain has $2,400,000 in capital available for expansion. Labor constracts require that they hire no more than 210 employees and licensing restrictions require that they open no more than 15 restaurants. How many restaurants of each type should the chain open in order to maximize expected revenue? What is the expected revenue?

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A fast-food chain has plans to expand by opening several new restaurants. The chain operates two typ...

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