Super Toys Company makes to radio-controlled cars, Fast and SuperFast. They can sell all they make. Both models have the same components. Two of these can be obtained only from a single supplier. For next month, the supply of these is limited to 4000 of component X and 3500 of component Y. The following table provides details on the number of each component required for each product and the profit per unit.
The Exeter Company produces two basic types of dog toys. Two resources are crucial to the output of the toys: assembling hours and packaging hours. Further, only a limited quantity of type 1 toy can be sold. The linear programming model given below was formulated to represent next weekââ?¬â?¢s situation.
Let, X1 = Amount o
A brand manager of Company A must determine how much time to allocate to radio and TV advertising for next month. Market Research have given estimates of the audience exposure for each minute of advertising in each medium, which it would like to maximize. Costs of minutes of advertising are known, and the manager has a budget of
Conduct an Internet search for information on linear decision-making. Then, discuss your findings and contrast it with what the authors offer in the textbook. Next, discuss how a linear decision making model could have helped you in making a past decision.
The international Chef, Inc markets three blends of oriental tea: premium, Duke Grey and Breakfast. THe firm uses tea leaves from India, China, and new domestic California sources. Net profit per pound for each blend is $.50 for premium, $.30 for Duke Grey, and $.20 forbreakfast. The firmsregular weekly supplies are 20,000 pound
Optimization & Linear Programming
(1) What is your opinion on the question below?
In Case 3, you are learning to use LP to determine the best set of Order Quantities so that you obtain the Optimum (max) amount of profit for one product line at EBBD.
As you write your report to Wilco to present your results, consider oth
Applichem wants to allocate the capacity of its worldwide manufacturing plants to fulfill its customer demand. Applichem makes a product, R, which is used by plastic molding companies around the world. R sells for $1/lb. Its plants are located in Gary, Indiana, Windsor, Ontario, Frankfurt, Germany, Mexico City, Caracus, Venezu
