Formulate also solve an appropriate optimization model

Assignment Help Operation Management
Reference no: EM1375795

Q. 1. A soda producer makes also sells two products, Classic Cola also Diet Cola. If this organization spends X1 dollars on promotion of Classic Cola in a particular western city, it can sell 75 X1 0.5 12-packs of Classic Cola each week there. Moreover, if this organization spends X2 dollars on promotion of Diet Cola in a particular western city, it can sell 50X2 0.5 12-packs of Diet Cola each week there. Each 12-pack of Classic Cola sells for $3.00 also prices $0.80 to produce also ship to customers in this western city. Each 12-pack of Diet Cola sells for $3.50 also prices $1.00 to produce also ship to customers in this western city. A total of $10,000 is available for promotion each week in this city. The soda producer seeks to maximize its weekly profit. Formulate also solve an appropriate optimization model to help this soda producer identify the best promotional strategies for its two products.

Reference no: EM1375795

Questions Cloud

Explain how much will this price the co- op per year : Explain how much will this price the Co- op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
Is the process still in control : Midwest Nut Organization produces cans of mixed-nuts on a high volume assembly line. Using data of last two months, it established average also range control charts to monitor the can-weight. Is the process still in control.
Illustrate the ranges on the demand curve : With respect to price elasticity of demand, create a graph using the information in figure 1. Illustrate the ranges on demand curve that indicate elastic, inelastic, and unitary elasticity.
Illustrate what are the spi also cpi : The foreman estimates which the value of the work actually finished is about $162, 000. Illustrate what are the spending also schedule variances for the project. Illustrate what are the SPI also CPI.
Formulate also solve an appropriate optimization model : A total of $10,000 is available for promotion each week in this city. The soda producer seeks to maximize its weekly profit. Formulate also solve an appropriate optimization model to help this soda producer identify the best promotional strategies..
Illustrate what would be the average length of waiting line : Illustrate what would be the average length of the waiting line. Illustrate what would be the average time which a vehicle must wait to get through the system.
Formulate this problem as a tsp problem also then solve it : Formulate this problem as a TSP problem also then solve it using the branch also bound approach for TSP to Find out an optimal drilling order.
Ramifications of private money : Assume that a new law stated that any person could print their own money. Determine what kind of changes would come about in daily commercial transactions as a result of such a law?
Evaluating economic relations : Let us assume that an economy in which there is no widely agreed upon form of money. In other words, suppose we are dealing with a barter economy.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd