Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Shambles have selected the "Mythical Beasts" range and decided to concentrate on "Pegasus" and "Phoenix." They would now like to find the right mix of these two products in order to maximise profit. Each toy has to go through two processes during manufacture: sewing and stuffing.
Pegasus takes 30 minutes to sew whilst Phoenix takes 20 minutes; there are 10 hours (600 minutes) available for sewing each day.
Pegasus takes 20 minutes to stuff whilst Phoenix takes 25 minutes; there are 10 hours (600 minutes) available for stuffing each day.
Pegasus generates £4 profit per toy whilst Phoenix generates £5 profit per toy.
What is the maximum possible daily profit, and how many of each product should be produced in order to achieve this?
Use "Solver" in Microsoft Excel to solve this problem. Include:
a print-out of cell values a print-out of cell formulae a print-out of the Solver dialogue box with optimisation conditions and constraints an Answer Report from Solvea statement of the answer in words
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
what are the three motives of holding money?
how can a country maintain equilibrium GDP with foreign trade?
Firm effects are more important the industry effects. What does this mean? Can you think of situations where this might not be true?
difference between gdp at market price and nnp at factor cost
The Phillips curve in Lowland takes the form of ? = 0.04 - 0.5 (u - 0.05), where ? is the actual inflation rate and u is the unemployment rate. The Phillips curve in Highland takes
What is the difference between 'quantity supplied' and 'supply'? There is a distinction among supply and quantity supplied. Supply explains the behavior of sellers at every pr
Reducing the budget deficit by cutting government spending could conceivably: A. increase income if interest rates rise enough and government spending is more productive than priva
What happens to the extraction path if the choke price falls
Q. Define the Real wage? Consider the following scenario. You work full time and during January 2008 you make 2000 euro after tax. A certain basket of goods and services costs
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd