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

Elaborate the types of psychographic segmentation, Question 1 Analyse t...

Question 1 Analyse the economic factors that affect the commercial real estate market in USA 2 Elaborate the types of Psychographic Segmentation 3 Explain the concepts 1.

Advantages and disadvantages of training methods, The average employee toda...

The average employee today is more educated then they were ten, twenty or forty years ago, but why? What factors exist to explain this? If the firm is to train employees, what is

Different types of business meetings, QUESTION a) The process of develo...

QUESTION a) The process of developing a presentation is a systematic one comprising three distinct phases. Describe in detail each one of these phases and explain their importa

What is video-conferencing and what are its requirements, QUESTION An a...

QUESTION An area where telecommunication is gaining ground among businesses and academics is video-conferencing. However Video-Phone systems have existed for years, but have no

Diversity management, Diversity management may be understood as the systema...

Diversity management may be understood as the systematic and planned commitment by organisations to recruit, retain, reward, and promote a heterogeneous mix of employees (Thomas, 1

Management principle, I need help for assugnmentr.

I need help for assugnmentr.

List the several ergonomic risk factors, Question 1: (a) What do you me...

Question 1: (a) What do you meant by of the term ‘safety'? (b) Dsecribe clearly the meaning of industrial accidents. (c) Explain the elements which should be taken into c

Determine the average waiting time, Build a simulation model using the dist...

Build a simulation model using the distributions you get in part A to verify whether the claim by trucking associations that the average time it takes a truck to cross the border h

Why prevention is better than cure , Discuss the cost of accidents to ...

Discuss the cost of accidents to an employer in from a perspective of why prevention is better than cure - The working surroundings within the organization shou

Materials quality control, The manufacturing of nay product requires the ...

The manufacturing of nay product requires the use of raw materials of semi finished materials which are further processed to produce the finished product. In some product.

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