Determine the optimal solution nonlinear programming model, Operation Management

Assignment Help:

The Hickory Cabinet and Furniture Company makes chairs and tables. The company has developed the following nonlinear programming model to determine the optimal number of chairs (x1) and tables (x2) to produce each day to maximize profit, given a constraint for available mahogany wood.

Maximize 280x1 - 6x1^2 + 160x2 ¡ 3x2^2

Subject to 20x1 + 10x2 = 800 board feet x1; x2 > or equal to 0

Determine the optimal solution to this model.


Related Discussions:- Determine the optimal solution nonlinear programming model

Product layout - connected flow, Product Layout - Connected Flow Where...

Product Layout - Connected Flow Where the demand for a single product is sufficiently high to warrant truly continuous operation (mass production for discrete items such as, c

Explain how can fit be assessed, Should the applicants be selected primaril...

Should the applicants be selected primarily on the basis of their ability or personality or fit? • How can fit be assessed?

Describe appropriate technique to develop a forecast, Air travel Mountain A...

Air travel Mountain Airlines for the past 18 weeks was: Week Passengers 1 405 2 410 3 420 4 415 5 412 6 420 7 424 8 433 9 438 10 440 11 446 12 451 13 455 14 464 15 466 16 474 17 47

Explain the factors that are driving change in the industry, Prepare a brie...

Prepare a brief analysis of the vacation cruise industry using Porters Five Force Analysis. Briefly discuss the nature and strength of each of the five competitive forces. Identify

Calculate the economic order quantity, A local nursery greens uses 1560 bag...

A local nursery greens uses 1560 bags of plant food annually. Green works 52 weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per b

Explain potential for increased profit, Which of the following is not a cri...

Which of the following is not a criterion used in forming segments? Potential for increased profit Similarity of needs of potential buyers within a segment Competitive pos

Volume flexibility - customers needs for a product, Volume Flexibility - Cu...

Volume Flexibility - Customers Needs For a Product The readiness with which the operation systems output can be adjusted in response to sharp changes in customer demand. Produ

Advantages of a fixed position layout, Advantages of a Fixed Position Layou...

Advantages of a Fixed Position Layout Men and machines can be used for wide variety of operations producing different products. The investment on layout is very

What is queuing theory in operation management, What is queuing theory in o...

What is queuing theory in operation management? Queuing theory is usually seems a branch of operations management since the results can be used to plan for resources require

Describe contract types has the greatest risk with the buyer, Which of the ...

Which of the following contract types has the greatest risk with the buyer? Answer Cost sharing Cost-Plus-Incentive-Fee Firm-Fixed-Price Fixed-Price-Incentive-Fee

Write Your Message!

Captcha
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