Quantitave Analysis for management, Business Management

Assignment Help:
Bakery produces muffins and doughnuts. Let x1 be the number of doughnuts produced and x2 be the number of muffins produced.

The profit function for the bakery is expressed by the following equation: profit = 4x1 + 2x2 + 0.3x12 + 0.4x22.

The bakery has the capacity to produce 800 units of muffins and doughnuts combined and it takes 30 minutes to produce 100 muffins and 20 minutes to produce 100 doughnuts. There is a total of 4 hours available for baking time. There must be at least 200 units of muffins and at least 200 units of doughnuts produced. Formulate a nonlinear program representing the profit maximization problem for the bakery.

Related Discussions:- Quantitave Analysis for management

Identify any one Charismatic leader in an organization, Use the features of...

Use the features of Charismatic Leadership to analyse the man or woman.

Characteristics of the manufacturing system, The natures of the production...

The natures of the production process the product design and production planning and plant layout have signification affect on inventory policy. a. Degree of Specializati

Stages in organizational development, Organizational development is a proce...

Organizational development is a process a workplace a group of people and their growth and development. Not only one's growth will matter but both the organization as well as the p

Determine the leadership style, Question 1: During the financial crisis...

Question 1: During the financial crisis in America, many Chief Executive Officers decided to give up their bonuses as a measure to deal with this drastic situation. Taking this

Option for organising business, compare the liability of the owners of part...

compare the liability of the owners of partnerships, sole proprietorship and corporations.

Benefits of holding inventories, There are three main purposes or motive...

There are three main purposes or motives of holing inventories: a. The transaction Motive : Which facilitates continuous production and timely execution of sales orders

Thought it was safer than starting his own business, is fred ill suited to ...

is fred ill suited to be a franchisee or perhaps dis he just not understand what he was getting into at the contact signing

What is an art of recording, What is an art of recording? Art of reco...

What is an art of recording? Art of recording: Accounting is an art of recording business transactions within the books of accounts into a systematic way soon after their

How do small companies compare to the major competitor, Question:  How do s...

Question:  How do small companies compare to the major competitor? The trade association magazine published a report that this company’s major competitor accounts for about 60%

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