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Q. Suppose which Always Rain Irrigation's marketing department will undertake an intense ad campaign for the bronze sprinklers which are more expensive however also more durable than the plastic ones. Forecast demand for the next four years is
Yearly Demand (in 000s)2011 2012 2013 2014Plastic 90 32 44 55 56Plastic 180 15 16 17 18Plastic 360 50 55 64 67Bronze 90 7 15 18 23Bronze 180 3 5 6 9Bronze 360 11 16 17 20
Elucidate what are capacity implications of marketing campaign (Suppose no learning)?
Mathematical formulation of the model
The solution offers step by step guidance on how to formulate the problem mathematically. It comprises a solution to problem instance using Excel Solver.
The solution is detailed and dsecribes the concepts very well. The solution is very simple to understand as well. All the steps are clearly shown which makes it very easy for anyone to follow. Overall, an excellent response to question being asked..
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