$1.00
coupon
$0.85
coupon
$0.70
coupon
$0.55
coupon
$0.40
coupon
Number issued 4000.00 6500.00 1500.00 1500.00 1500.00
Min $0.85 coupon 1 6500.00 >= 1500.00
Min $0.55 coupon 1 1500.00 >= 1500.00
Min $0.40 coupon 1 1500.00 >= 1500.00
Problem 3-11
Coupon value $1.00 $0.85 $0.70 $0.55 $0.40
Incr. revenue $3.20 $2.83 $1.93 $1.20 $0.92 $37,234.50