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

Explain strategic framework for crm, Question 1: Name and explain the ...

Question 1: Name and explain the three types of CRM that you know about? Question 2: a. Name the Seven best practices in making vision and values work. b. Give three e

Business finance, Approaches to short-term financing problem?

Approaches to short-term financing problem?

What are the types of entrepreneur on the type of business, What are the ty...

What are the types of Entrepreneur on the type of Business? Classification of Entrepreneur based on the type of Business: a. Industrial Entrepreneur: It is an entrepreneur

Show the major fiduciary duties of the board of directors, Many state laws ...

Many state laws require a corporation to form a board of directors to represent shareholders and make decisions on their behalf. The board of directors is ultimately responsible f

Define ‘learning''. describe various learning theories, Question 1 Explain...

Question 1 Explain the importance of studying Organisation Behaviour Question 2 Define ‘learning'. Describe various learning theories Question 3 Describe the personality

#SWOT, Rate, from best to worst, each of the sources you indicate in Questi...

Rate, from best to worst, each of the sources you indicate in Question 1 above as being sources you will use in your analysis in terms of its probable reliability. Discuss the ste

What is bop, It is known as Balance of payments - an economic term. (BOP) c...

It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all int

Workforce diversity and organisational excellence, In today's fast-paced wo...

In today's fast-paced work environment a successful organisation is one where diversity is the norm and not the exception. It is the approach to diversity, not the diversity itself

Explain the difference between social obligation, Question: In Mauritiu...

Question: In Mauritius, the government has reduced the corporate tax and consequently, it expects private sector organizations to spend a percentage of their profits on project

Problem based on Deregulation in india, a) Some of the dangers/risks might ...

a) Some of the dangers/risks might include: Cultural differences -British and American businesses may not be aware of the norms and cultures in India. For example, the clot

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