econ115.exam.ak

econ115.exam.ak - Management Science Sign here . Midterm 4A...

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Management Science Midterm 4A Winter 2010 Sign here . ............................................... 1 . Toyota faces the following demand curves for its Camry (C) and Avalon (A) lines QC = 1500000 - 50PC 3 + 10logPA (where QC is quantity of C and PC is price of C and PA is price of A) QA = 100000 - 75PA + 5PC 4 Avalons are produced in two plants: X and Z. The amount of labor to produce an Avalon in plant X is 73 labor hours and in plant Z is 70 labor hours. Camrys are produced in plant X. It takes 69 labor hours to produce a Camry in plant X. Labor is paid $25 an hour. There are a total of 120,000 labor hours available for plant X, There are a total of 110,000 labor hours available for plant Z. WRITE TOYOTA’S OBJECTIVE AND CONSTRAINTS AS A LINGO PROGRAM. Make sure that you have all the constraints. (26) 2. A manufacturer wants to design a rectangular box to contain electronics gear for a personal computer. The three design (or decision) variables are the height, H , the depth, D , and the width, W , of the box. There are three considerations in designing this box:
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econ115.exam.ak - Management Science Sign here . Midterm 4A...

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