Quantitave Analysis for management, Business Management

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

Understanding of human behavior important in human resources, How is unders...

How is understanding of human behavior important in the human resources? Understanding of Human Behavior: It is significant for any one dealing along with human resources. T

Importance of culture - organizational culture, Importance of Culture - Org...

Importance of Culture - Organizational Culture When people are successful at what they undertake, the ideas and values that led to that success become institutionalized as par

#title.Management Science, How do i fomulate the linear programming model

How do i fomulate the linear programming model

Briefly describe the four key drivers of e-commerce, QUESTION 1 (a) How...

QUESTION 1 (a) How is groupware different from other types of software? (b) Illustrate and describe in detail the Computer Supported Cooperative Work (CSCW) matrix QUEST

Define the theory ‘y’ in human relations, Define the Theory ‘Y’ in human re...

Define the Theory ‘Y’ in human relations. Theory ‘Y’: It is a positive approach to human relations wherein a supervisor integrates the requirements of his subordinates al

Business Communication, Explain some of the approaches for handling custome...

Explain some of the approaches for handling customer complaints and listening to customers

Emerging Markets, Evaluate the case made in the article for ‘the third leg ...

Evaluate the case made in the article for ‘the third leg in the strategy “tripod”’, with particular reference to the effectiveness of the four cases offered in supporting the centr

Primary elements of zero inventories, Just in time production is defined ...

Just in time production is defined as philosophy that focuses attention on eliminating waste by purchasing or manufacturing just enough of the right items just in time It i

Differentiate between a work group and a work team, Problem: (a) Diff...

Problem: (a) Differentiate between a work group and a work team. (b) Explain clearly the different types of team in organisation. (c) Referring to your organization o

Develop a product based organisational structure, Please refer Keells Food ...

Please refer Keells Food Products PLC overview, electronic annual report for year 2009/2010 and the corporate website before answering the following questions. Keells Food Prod

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd