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 programmed and non-programmed managerial decisions, Explain about t...

Explain about the programmed and non-programmed managerial decisions. Programmed and Non-Programmed decisions: Programmed decisions are which made in accordance along wit

Function of maintenance, The important functions of maintenance can be ...

The important functions of maintenance can be stated as follows: 1. To develop maintenance policies procedures and standards for the organization. 2. To schedule planne

Maintanace, as an enterpreneur ,if given 50000 what business would you do?

as an enterpreneur ,if given 50000 what business would you do?

Show the different quality attributes, Question: a) Explain the differe...

Question: a) Explain the different steps involved in the processing of poultry? b) What are the different quality attributes which make you understand that fresh eggs are f

Linear Programming, This is a chance to perhaps incorporate some of your ex...

This is a chance to perhaps incorporate some of your experience, interests, and career business/management goals and ambitions within the context of an individual project paper. I

#title.what is economic justification for the rapid growth ., what is econo...

what is economic justification for the rapid growth of premium package services?

european union , a)  Talk about the significance of international trade to...

a)  Talk about the significance of international trade to UK business organisations b)  Examine the impact of global factors on UK business organisations c)  Detail the impac

What is meant by business process management, Define what is meant by 'Busi...

Define what is meant by 'Business Process Management' (BPM) and briefly explain the role of various technologies in assisting BPM achieve its objectives.

Ethics and Governance, Is leadership essential to the development of ethica...

Is leadership essential to the development of ethical decision making in modern organisations?

International Businness, VK Ltd a multi product company, furnishes you the ...

VK Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.43000

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