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

Efficient communication-ocr’s examination blunders, efficient communication...

efficient communication (unlike the OCR's examination blunders) is fundamental to an organisation such as the OCR exam board because it helps to: Keeps schools (the custome

Affects of packaging and sales promotion in marketing, How is packaging and...

How is packaging and sales promotion affected in marketing management? Packaging: Packaging is a significant activity of a sales promotion department since an attractive

Explain the role of communication in conflicting situations, QUESTION 1 ...

QUESTION 1 Explain what you understand by the term "Feedback" and how this can help in improving communication in our work place environment. QUESTION 2 Who are organisati

Organizational management, 1. Explain how recent changes have made the worl...

1. Explain how recent changes have made the world global marketplace different than in the past. 2. What role does faith play in the global marketplace?

Organizations can make the planning process more effective, QUESTION Th...

QUESTION The financial crisis in America reminded business organizations about the difficulty to plan in a very dynamic business environment. Many organizations were unprepared

Explain how good people management can help an organization, QUESTION T...

QUESTION The Euro crisis will have a major impact on the Mauritian economy. Many businesses in Mauritius depend on European countries for the exportation of their products and

Importance of record keeping in welfare institutions, QUESTION 1 Distin...

QUESTION 1 Distinguish clearly between public and private welfare institutions stressing the basic difference in their overall administration. Explain using examples QUESTI

Proposal arguments, the strategies that are used to strengthen a proposal a...

the strategies that are used to strengthen a proposal argument and examples of each.

What is the grievances handling, What is the Grievances Handling? Gri...

What is the Grievances Handling? Grievances Handling: Individual workers usually have several complaints called grievances in opposition to the working rules of the busin

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