Market tests and available resources

Assignment Help Business Management
Reference no: EM132035661

A manufacturer wants to maximize the profit of two products. Product I yields a profit of $ 1.50 per unit, and product II yields a profit of $2.00 per unit. Market tests and available resources have indicated the following constraints:

  • The combined production level should not exceed 1200 units per month.
  • The demand for product II is no more than half the demand for product I.
  • The production level of product I is less than or equal to 600 units plus three times the production level of product II.

 Maximize: C = 1.5X + 2Y

X    +     Y                                X +  Y

0        1200                              0     200

1200  0                                    600  0

Not sure if this is correct

Reference no: EM132035661

Questions Cloud

What is the z-value or t-value : Random sampling of 90 scores obtained from individuals who were bullied yielded a mean of 41.9 and a standard deviation of 20.26.
Drivers in the sample will come to a complete stop : The probability that exactly 7 drivers in the sample will come to a complete stop? The probability that fewer than 5 drivers in the sample will come
What is the probability of each in decimal form : If a = 0.17, and ß = 0.12, what is the probability of each in decimal form? The statistical decision is to fail to reject null, and H0 is really true
How many different ways can the three positions : How many different ways can the three positions be filled using the six possible candidates?
Market tests and available resources : A manufacturer wants to maximize the profit of two products. Product I yields a profit of $ 1.50 per unit, and product II yields a profit of $2.00 per unit.
What is the probability that a randomly selected tulip bulb : A bag of 100 tulip bulbs purchased from a nursery contains 35 red tulip? bulbs, 35 yellow tulip? bulbs, and 30 purple tulip bulbs.
Mean differences between two groups or more : In a finance field, when you want to know the mean differences between two groups or more? Please describe the situation, including how and why it would be used
What medical professionals do to prevent unethical practices : During Skloot and Deborah's meeting with Christoph Lengauer, he emphasizes the importance of Henrietta Lacks's contribution to science.
Job aptitude scores and job success : The r between job aptitude scores and job success ratings is computed to be +.29. What would be the value of r?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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