Construct and solve your own linear programming problem

Reference no: EM131482115

Question: 1. A firm manufactures two goods A and B which require the two inputs K and L in the following amounts:

1 unit of A requires 6 units of K and 4 of L

1 unit of B requires 8 units of K and 10 of L

The firm has at its disposal 96 units of K and 100 of L. The per-unit profit of A is £600 and for B the figure is £300. The firm is under contract to produce a minimum of 6 units of B. How many units of A should it make to maximize profit?

2. Construct and solve your own linear programming problem that has two variables in the objective function and three constraints of at least two different types.

Reference no: EM131482115

Questions Cloud

Ikea globally successful business model : Describe the key elements of IKEA's globally successful business model. What are the sources of IKEA's competitive advantage?

What mix of x and y should the firm use to minimize the cost : A company produces two industrial compounds X and Y that are mixed in a final product. They both contain one common input, R. The amount of R in one tonne of X.

Which code review methodology : As a quality assurance manager, which code review methodology - walkthrough or inspection - would you recommend? Justify your answer.

How the principles of beyond budgeting promote : Explain how the principles of "Beyond Budgeting" promote a cultural framework that is suitable and relevant for the current business environment.

Construct and solve your own linear programming problem : A firm manufactures two goods A and B which require the two inputs K and L in the following amounts.

Define the terms crisis management and business crisis : This assignment should be apa format. Define the followingg crisis terms: crisis management, business crisis, sudden crisis and smoldering crisis.

How the principles of beyond budgeting promote : Explain how the principles of "Beyond Budgeting" promote a cultural framework that is suitable and relevant for the current business environment.

Make up your own quadratic equation and then find solution : (Use the quadratic formula to try to solve these problems.) Solve for x if 0 = x2 + 2.5x - 125.

Differentiate between who and wto in terms of budget : Differentiate between WHO, and WTO in terms of budget, power, and the critiques for each of them, support your answer with examples.

User Account

All Pages