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

Discuss the cultural differences that affect communication, QUESTION W...

QUESTION When in Japan, Do as the Japanese Do In the past, doing business in Japan was a difficult, complicated, and often an unsuccessful venture. In addition to differen

Communism, importance of communism?,,to a business?

importance of communism?,,to a business?

Furniture making firm could use is and it, Describe the ways in which a fur...

Describe the ways in which a furniture making firm could use IS and IT to transform its manufacturing operations. Computer aided design (CAD) CAD can improve designs and s

Business statistics, Hindustan foods a leading manufacturer of food product...

Hindustan foods a leading manufacturer of food products, recorded sales of Rs 445.6 crores and a net income of Rs 54.57 crores in 2003. The company manufactured fruitcakes, cookies

Define the term waste management, (i) Define the term waste management (...

(i) Define the term waste management (ii) You are requested to come up with a proposal for the management of solid wastes arising from a community living in an island. Given tha

Sdlc, logical design

logical design

Global businesses, Do you think global businesses would be willing to subsc...

Do you think global businesses would be willing to subscribe to a global code of conduct? why or why not?

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