What is the optimal point

Assignment Help Business Management
Reference no: EM133052825

Decision variables: Objective function: Subject to:x + y ≤ 12 (resource A)x ≤ 8 (resource B)

Let x = number of units of product 1 to produce.

Let y = number of units of product 2 to produce. 

Maximize z = x + 2y.

 y ≤ 6 (resource C)

 x and y ≥ 0 

Answer the following questions based on the above data:

  1. What is the optimal point? (Don't show me your graph here in the paper. Write the optimal point only in the answer) 
  2. Suppose that a technical breakthrough just occurred that raised the profit per product 2 (Y) from $2 to $12. Is the solution still optimal? Why? 
  3. Suppose that another technical breakthrough just occurred that raised the profit per product 1 (X) to $6. Is the solution still optimal? Why? 

Reference no: EM133052825

Questions Cloud

Human resource planning : Please tell us your knowledge about human resource planning. And put them in the order of importance.
Examine the four procedures : Examine the four procedures that can be applied to assess if a business decision is ethical.
Benefit packages available to employees : Why did you Research the benefit packages available to employees? What was your experience like in completing this task? Was it as expected?
Explain a call option and a put option to Amber : Question - Amber Bista owns 50,000 shares of Angelina Corporation. Explain a call option and a put option to Amber
What is the optimal point : Decision variables: Objective function: Subject to:x + y = 12 (resource A)x = 8 (resource B)
Calculate the total salaries and wages for your department : The Royal is a 400-room hotel, the projected occupancy is 78 percent for the year, Calculate the total salaries and wages for your department
Reflect the corruption and bribery in banking : Critically analyse them and discuss how they reflect the Corruption and Bribery in Banking & Financial Services - critique and conduct a literature review
Global market expansion and reception : Case: Uber and the Sharing Economy, Global Market Expansion and Reception
Prepare the necessary adjusting entries on August : The August 31 deposit of $17,490 was not included on the August bank statement. Prepare the necessary adjusting entries on August 31

Reviews

Write a Review

Business Management Questions & Answers

  Market economies as economic systems

1. ‘Command economies will always be inferior to free market economies as economic systems'. To what extent do you agree with this statement? Elaborate.

  Company approach to workforce compensation

Directions: Consider your BSG operations and in a twelve hundred word paper discuss the following:

  Different formats for and inclusions of staff rosters

What are the different formats for and inclusions of staff rosters

  Composed of two units of b and three units

One unit of A is composed of two units of B and three units of C. Each B is composed of one unit of F. C is made of one unit of D, one unit of E

  Discuss the impact it has had on the stakeholders

Discuss the impact it has had on the stakeholders, the environment, and the organization's reputation.

  Reading on the topic of whistleblowing

This week we are reading on the topic of whistleblowing, and a look at NSA Whistleblower Eric Snowden.

  Outside sources or other publicly available information

Based on what you have read from outside sources or other publicly available information, provide some comment on the near-term future state of the U.S. economy. Be specific in your analyses and cite reasons to support the conclusions that you re..

  Choose a specific follower development level

Select one of the four leadership styles. Choose a specific follower development level (D1 - D4) and give an example of how this leadership style

  Discuss the accuracy of behavior stereotypes in disasters

Who has the responsibility for the safety of access and functional needs citizens during an emergency?

  Bank account at the end of the 8 year period

What is the present value of this planned savings stream? What will be the balance in his bank account at the end of the 8 year period?

  What is the bad effect of the covid 19 virus

What is the bad effect of the covid 19 virus on the world?

  Challenges facing human resources

Prepare a minimum of 8 slides (not including title and reference page) with speaker notes (50-100 words) on the challenges facing human resources. Address at least one (preferably two) of the following issues:

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