Optimal solution for this problem

Assignment Help Operation Management

Reference no: EM13153421

Given :
3000 X1 + 400 X2 = $24,000 Budget
X1 - d1+ + d1- = 7
X2 - d2++ d2- = 15
2000 X1 + 1500 X2 - d3+ + d3- = 30,000
Min Z= P1 d1- + P2 d2+ + P3 d3- + P4 (-d1+)
Determine the optimal solution for this problem. Give the values of all variables.

Reference no: EM13153421

Questions Cloud

Using sln method instead of diminishing? : why have you depreciated the 1 million required for machinery using SLN method instead of diminishing?

Consulting firm consist of associates, managers : A consulting firm consist of associates, managers and partners. The company would like to maintain 200 associates, 60 managers and 20 partners.

Confidence interval for mean number of characters printed : During the development of the Chapin test, it was given to several different groups of people. Do these data support the contention that female and male students differ in average social insight at significance level = 0.1?

Current liabilities section : which the above transaction should be reflected in the current liabilities section of Marco company's Dec 31-2010

Optimal solution for this problem : 3000 X1 + 400 X2 = $24,000 Budget X1 - d1+ + d1- = 7 X2 - d2++ d2- = 15 2000 X1 + 1500 X2 - d3+ + d3- = 30,000

Effect on company overall net operating income : Further investigation has revealed that $144,000 of the fixed manufacturing expenses and $93,000 of the fixed selling and administrative expenses are avoidable if product U23N is discontinued. What would be the effect on the company's overall net ..

Intervention of government in market process in u.s : Explain why government regulation is needed, citing the major reasons for government Involvement in a market economy and justify the rationale for the intervention of government in the market process in the U.S.

What is the expected return for the market based on the cap : Gizmo Corp. common stock has a required return of 14.4% and a beta of 1.5. If the expected risk free return is 5%, what is the expected return for the market based on the CAPM?

Explain computation of the value of the portfolio : An error of .01 in the computation of the short interest rate, approximately what error do you expect to make in the computation of the value of the portfolio?

User Account

All Pages