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 what is meant by matrix management , Explain what is meant by Matri...

Explain what is meant by Matrix management and support your explanation with a schematic representation -   In simple words, Matrix management is a technique of administering

Analyse behavioural of organisational , The aim of the assignments is to te...

The aim of the assignments is to test your understanding of some of the key concepts in the material covered in the study modules, examine your ability to critically analyse a part

Business development plan - needs & reason for business plan, To enable stu...

To enable students to undertake the development of a business plan for a specific product/business/service given in this outline. By engaging themselves in this project, they would

Home assignement, 7 p''s in services marketing in govt college

7 p''s in services marketing in govt college

Differences, Difference between selling concept & marketing conceptt

Difference between selling concept & marketing conceptt

Evolution of management, what characteristic of scientific management can y...

what characteristic of scientific management can you identify of ups

Business Math, Calculate the cash discount and the net amount due for the f...

Calculate the cash discount and the net amount due for the following transaction. Amount of Invoice Terms of Sale Cash Discount Net Amount Due $12,660.00 2/10, n/45

PRODUCT, WHAT ARE THE FOUR STAGE IN PRODUCT LIFECYCLE

WHAT ARE THE FOUR STAGE IN PRODUCT LIFECYCLE

Describe the term e-procurement, (i) Compare the categories of electronic c...

(i) Compare the categories of electronic commerce and explain how e-commerce is changing consumer retailing and business to business transactions. (ii) Describe the term ‘e-pro

What is the delegation of authority, What is the delegation of authority? ...

What is the delegation of authority? Delegation of authority: Delegation may be described as the entrustment of responsibility and authority to other and the creation of

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