Formulate an lp to maximizethe company''s revenues

Assignment Help Econometrics

Reference no: EM131162213

A company produces A, B, and C and can sell these products in unlimited quantities at the following unit prices: A, $10; B, $56; C, $100. Producing a unit of A requires 1 hour of labor; a unit of B, 2 hours of labor plus 2 units of A; and a unit of C, 3 hours of labor plus 1 unit of B. Any A that is used to produce B cannot be sold. Similarly, any B that is used to produce C cannot be sold. A total of 40 hours of labor are available. Formulate an LP to maximizethe company's revenues.

Reference no: EM131162213

Questions Cloud

Exposed or less exposed to exchange rate risk : Blueberry Ltd is a UK fashion company with a Chinese subsidiary that produces clothes in China and sells them in Japan. This subsidiary pays its wages and its rent in Chinese yuan, which is presently tied to a basket of major currencies. If Blueberry..

What grow and what decline in middle adulthood : What grow(s) and what decline(s) in middle adulthood? Scientifically describe the developmental stage of ‘Middle adulthood,' using the framework of ‘Development is multidimensional' and ‘Development is multidirectional

Evaluate the impact to a business when compensation : Evaluate the impact to a business when compensation, such as sales commissions and bonuses, are tied to achieving budgeted expectations. Suggest two actions that management can take in order to prevent employees from manipulating results.

Based on the prime rate or the eurodollar deposit rate : Many loans, both personal and business, are based on the prime rate or the Eurodollar deposit rate. It is important for bankers to know what the rates are as these will affect the pricing of loan services. Discuss how these economic changes may have ..

Formulate an lp to maximizethe company''s revenues : A total of 40 hours of labor are available. Formulate an LP to maximizethe company's revenues.

Demonstration of knowledge of the issues : Demonstration of knowledge of the issues and evidence of wide reading to support your analysis and high quality written communication of concepts and terms using language for an audience that is assumed to be professionally competent in corporate g..

Apply key concepts of ethical perspectives : Course Learning Objectives Tested: Apply key concepts of ethical perspectives. Critically examine the key concepts of the nature of morality and describe how it relates to the discipline of ethics

Approximate value of exports and imports : Imports, exports, and the trade balance The following table shows the approximate value of exports and imports for the United States from 1983 through 1987. Complete the table by calculating the trade surplus or trade deficit both in absolute (dollar..

What were the most compelling topics learned in the course : What were the most compelling topics learned in this course? How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?

User Account

All Pages