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A computer company produces two types of computers: Pear computers and Banana computers. To be able to produce these computers 3000 chips and 1200 hours of labor are available. Following data is available.
computer Labor Chips Equipment costs ($) Selling price ($)
pear 1 hr 2 5000 400
banana 2 hr 5 7000 900
Formulate an IP to maximize the cost and solve using Excel/LINGO.
Assume a multiplicative decomposition model. If the expected trend for December is $900, also the median seasonal adjustment is used; illustrate what is the forecast for December.
Barrows Textile Mills produces two types of cotton cloth—denim and corduroy. Corduroy is a heavier grade of cotton cloth and, as such, requires 7.5 pounds of raw cotton per yard, whereas denim requires 5 pounds of raw cotton per yard. The manufacture..
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