Explore BrainMass
Share

Linear Programming Using a Demand Function

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

I am trying to use Linear Programming to solve the attached equation. Accordingly, I used a Demand Function and determined the variable coefficients. I have been receiving comments stating that the problem is unclear and ambiguous. Thus, I tried cleaning it up a bit. The idea is to show the method not a precise answer. So, if you graciously chose to do this problem, please feel free to insert any dummy data or equations you feel would be necessary to determine a solution. Thank-you.

© BrainMass Inc. brainmass.com March 22, 2019, 1:53 am ad1c9bdddf
https://brainmass.com/math/linear-transformation/linear-programming-demand-function-554470

Attachments

Solution Summary

The solution is in three attachments:

1] An Excel sheet modified for Linear Programming (LP)

2] A JPEG image of the Solver Dialog indicating the relative parts of the modified spreadsheet

And,

3] An explanatory PDF document I composed.

$2.19