Write the simplex matrix to maximize the daily profit

Assignment Help Business Management
Reference no: EM131147672

New jet Inc. manufactures two types of printers, an inkjet printer and a laser printer. The company can make a total of 60 printers per day, and it has 120 labor-hours per day available. It takes 1 labor-hour to make an inkjet printer and 3 labor-hours to make a laser printer. The profits are $40 per inkjet printer and $60 per laser printer.

(a) Write the simplex matrix to maximize the daily profit.

(b) Find the maximum profit and the number of each type of printer that will give the maximum profit.

Reference no: EM131147672

Questions Cloud

Analyze the types of inferential statistics : Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample. Analyze the types of inferential statistics that might be best for analyzing the data, if you were to collect a sample
In the high-tech pricing environment : In the high-tech pricing environment, Moore's Law states that:
Prepare a four-pages paper on the policy or strategy : Think of your community's Sustainable Development policy or strategy. Prepare a three- to four-page paper on the policy or strategy, and discuss whether it appears to be sound or lacking basic concepts.
The purpose of export restrictions : The purpose of export restrictions is to
Write the simplex matrix to maximize the daily profit : Write the simplex matrix to maximize the daily profit. -  Find the maximum profit and the number of each type of printer that will give the maximum profit.
What are the competing explanations for polarization : What are the competing explanations for polarization (congressional elections and redistricting, congressional districts and states becoming more homogeneous)? Does evidence suggest that the American public is as divided as our lawmakers in Washin..
Benefits of the framework for addressing ethical dilemmas : Which of the following is not one of the benefits of the framework for addressing ethical dilemmas?
How public policy is formed in american system of government : Lesson 7 presented several national policy matters that have developed over the past 10 to 20 years. Please explain how public policy is formed in the American system of government.
Select and compare two different data sources : select and compare two different data sources, both from the same location, time period , and population.- Data types are general categories of juvenile justice statistical data.

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